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Macklem Just Raised the Inflation Alarm: What Monday’s CPI Means for Your Wallet

  Canadian Money Brief  |  Sunday, October 18, 2026  |  Written ahead of Monday’s 8:30 am ET inflation release Bank of Canada Governor Tiff Macklem has just told Canadians what the central bank is about to say on October 28: its inflation forecast is going up, and by a lot. The reason is oil. With the Middle East conflict dragging on, shipments still curtailed and refinery capacity damaged, he said the risk that inflation broadens and lingers has gone up. Speaking to reporters from Bangkok on Saturday, he framed the coming decision as a simple question: will inflation drift back toward 2% on its own, or does the Bank need to raise rates to nudge it there? Monday is the first real clue. Here is what is landing, what economists expect, and what it could mean for your gas bill, your grocery cart, your heating costs and your mortgage. 3.0% August CPI, year over year 3.2% September consensus (Reuters poll) 2.25% BoC policy rate, unchanged for nearly a year Oct 28 Rat...

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Sweet and Sour Chicken Recipe

 


Crispy, tangy, and just the right amount of sweet—this sweet and sour chicken is a family favorite that’s easy to make at home.

Ingredients

For the Sauce:
  • 1 cup pineapple juice

  • ½ cup distilled white vinegar

  • ½ cup sugar

  • 3 tablespoons ketchup

  • 2 tablespoons soy sauce

  • ¼ teaspoon crushed red pepper flakes

  • 1½ tablespoons cornstarch

For the Chicken:
  • ½ cup all-purpose flour

  • ½ cup cornstarch

  • 1 teaspoon baking powder

  • ¼ teaspoon baking soda

  • 1 heaping teaspoon salt

  • ¼ teaspoon freshly ground black pepper

  • ⅔ cup water

  • 1½ tablespoons vegetable oil (plus more for cooking)

  • 1 pound chicken tenderloins or boneless, skinless chicken breasts, trimmed and cut into 1-inch (2.5 cm) chunks

For Finishing the Dish:
  • 1 tablespoon vegetable oil

  • 2 red bell peppers, cut into 1-inch (2.5 cm) pieces

  • 1 small red onion, cut into 1-inch (2.5 cm) chunks

Instructions

Make the Sauce:
  1. In a medium saucepan over medium heat, whisk together pineapple juice, vinegar, sugar, ketchup, soy sauce, and red pepper flakes.

  2. Bring to a boil, then reduce heat to medium and cook, uncovered, for 8 minutes.

  3. In a small bowl, mix cornstarch with 1½ tablespoons cold water. Whisk this into the sauce.

  4. Cook for 1 more minute until the sauce thickens and turns glossy. Remove from heat and set aside.

Prepare the Batter & Coat the Chicken:
  1. In a large bowl, whisk together flour, cornstarch, baking powder, baking soda, salt, and pepper.

  2. Add water and 1½ tablespoons vegetable oil. Mix until smooth.

  3. Toss chicken chunks in the batter until evenly coated.

Pan-Fry the Chicken:
  1. Line a plate with paper towels.

  2. Heat 1 inch (2.5 cm) of vegetable oil in a deep skillet or wok over medium-high heat (around 350°F/175°C).

    • Tip: Use a larger skillet for fewer batches or a smaller one with less oil.

  3. Using forks, gently place battered chicken pieces into hot oil, ensuring they don’t stick together.

  4. Fry for 2 minutes per side, turning once, until golden brown and crispy.

    • Check doneness by cutting open a piece.

  5. Transfer cooked chicken to the paper towel-lined plate to drain.

Stir-Fry the Vegetables:
  1. In a clean skillet or wok, heat 1 tablespoon vegetable oil over medium-high heat.

  2. Add bell peppers and onion, stir-frying for 3–4 minutes until tender but crisp.

Finish & Serve:
  1. Reheat the sauce over medium heat.

  2. Combine chicken with vegetables in the skillet. Gradually pour sauce over the mixture and toss to coat. (Optional: Serve the sauce separately for dipping to maintain crispiness.)

  3. Serve immediately and enjoy!


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