Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Commander-in-Chic: Trump’s Fragrance Sparks Buzz and Backlash

In a move that blends branding with bravado, President Donald Trump has unveiled his latest product: a luxury fragrance line dubbed “Victory 45-47”, a nod to his two non-consecutive presidential terms. The colognes and perfumes, priced at $249 a bottle, are marketed as symbols of “Winning, Strength, and Success” and come encased in gold-colored bottles shaped like miniature Trump statues.

While the launch has energized his loyal base and added another item to the ever-expanding Trump merchandise empire, critics are raising eyebrows over the timing and ethics. The announcement came just as debates heat up over proposed budget cuts to healthcare and social programs, prompting accusations of profiteering from the presidency.

Senator Mark Warner called it “grifting in plain sight,” while others questioned whether the president’s business ventures blur the line between public service and personal gain. The White House has declined to comment.

Despite the controversy, the fragrance is already trending online, with reactions ranging from mockery to admiration. Fragrance reviewers describe the men’s scent as “woody and spicy,” while the women’s version leans “citrusy with a vanilla base” — though some note its short-lived wear.


Labels:

Comments

Post a Comment