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5 Things to Know Today: BoC Hike Bets, TSX Slide, Oil Near $100 (Oct. 23)

  Canadian Money Brief • Friday, October 23, 2026 The Bank of Canada decision is five days away, the TSX gave back most of Wednesday's gains, and oil is flirting with US$100 again. Here are the five things Canadian wallets need to know today. 1. Markets Lean Toward a Bank of Canada Hike on Oct. 28 A decision that looked like a ninth straight hold is now a genuine coin flip with a hawkish tilt. After Governor Tiff Macklem warned that there is "no resolution in sight" for the Middle East conflict, BMO and Desjardins flipped to a hike call, Scotiabank firmed up its call and Goldman Sachs joined them, all looking for a quarter-point move to 2.50%. Overnight swaps priced about an 87% chance of a hike earlier this week, though other economists still argue for a hold, pointing to September's 68,000 job losses and a 6.5% unemployment rate. What it means for you: A quarter-point hike adds roughly $21 a month in interest for every $100,000 of variable-rate borrowing (HELOCs an...
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Emerald Waters: Chicago’s St. Patrick’s Day Celebration


In a vibrant display of tradition, the Chicago River gleamed emerald green today, as the city celebrated St. Patrick’s Day with its iconic dyeing ritual. This beloved event, which dates back over 60 years, marks the beginning of a festive weekend filled with parades and merriment.

The dyeing process, which uses an environmentally safe, vegetable-based dye, transforms the river into a bright, neon green, drawing thousands of spectators to the city’s downtown area. The transformation is a sight to behold and serves as a quintessential symbol of Chicago’s spirit and its embrace of Irish culture.

As the river flowed in brilliant hues, the air was filled with the sounds of cheers and Irish tunes, encapsulating the joyous atmosphere of the celebration. The dyeing of the Chicago River is more than just a spectacle; it’s a time-honored tradition that unites the city and honors the rich heritage of its Irish community.

Today’s event is a reminder of the enduring legacy of St. Patrick’s Day in Chicago, where even the river dons green to join in the festivities.

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