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5 Things to Know Today: BoC Hike Odds, Fixed Rates, Tariff Swap, $100 Oil & Budget Countdown (Oct. 25)

  Canadian Money Brief • Sunday, October 25, 2026 A big week for your wallet starts Wednesday. Here are the five things Canadians should know before it begins. 1 The Bank of Canada decides Wednesday, and markets lean toward a hike The Bank of Canada announces its rate decision at 9:45 a.m. ET on Wednesday, Oct. 28, alongside a new Monetary Policy Report. Prediction markets price roughly a 79% chance of a quarter-point hike to 2.50%, up sharply after Governor Tiff Macklem’s hawkish comments at the IMF meetings, though analysts remain split and some expect a “hawkish hold.” The U.S. Fed also decides that day. What it means for you: Variable-rate mortgage and HELOC holders feel it first. A 0.25-point hike works out to roughly $70 more per month on a $500,000 variable mortgage (25-year amortization), and prime would move from 4.45% to 4.70%. A hold means little change until the next decision on Dec. 9. 2 Fixed mortgage rates have already moved without the Bank Fixed rates follow bond ...
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Taylor Swift’s Eras Tour Electrifies Toronto with Unforgettable Spectacle

 

Taylor Swift’s highly anticipated Eras Tour made a triumphant return to Canada, kicking off a six-night residency at Toronto’s Rogers Centre. The concert, which marked Swift’s first performance in Canada in over six years, was nothing short of a spectacular celebration of her musical journey.

From the moment Swift took the stage, the energy in the arena was palpable. Fans, many of whom had traveled from across the country, were treated to a meticulously crafted setlist that spanned her entire career. The three-hour show featured hits from every era of her discography, from her country roots to her latest pop anthems.

One of the highlights of the evening was the surprise acoustic mashups, including “My Boy Only Breaks His Favorite Toys” and “This Is Why We Can’t Have Nice Things,” which delighted the audience. Swift’s heartfelt interactions with the crowd, including a special shoutout to Canadian fans, added a personal touch to the grand spectacle.

The concert was not just a musical performance but a communal experience. Fans exchanged friendship bracelets, a tradition that has become synonymous with the Eras Tour, and sang along to every song with unwavering enthusiasm. The atmosphere was one of pure joy and camaraderie, making it a night to remember for all in attendance.

As Swift continues her tour in Toronto, it’s clear that her connection with her fans remains as strong as ever. The Eras Tour is more than just a concert; it’s a celebration of music, memories, and the unbreakable bond between an artist and her audience.


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