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

Tragedy in Gaza: Family Killed in Overnight Airstrike Amid Humanitarian Crisis

 

In the early hours of Tuesday morning, an Israeli airstrike struck a residential building in central Gaza, killing an entire family as they slept. The victims, reportedly displaced by earlier fighting and struggling with food shortages, had sought refuge in the home after days without adequate shelter or sustenance.

Local health officials confirmed the deaths of at least seven family members, including four children. Neighbors described hearing a sudden explosion followed by cries for help, but rescue efforts were hampered by debris and ongoing security concerns.

The strike comes amid escalating violence and a deepening humanitarian crisis in Gaza, where access to food, water, and medical care remains severely limited. Aid organizations have repeatedly warned of famine-like conditions, particularly among displaced families.

Israeli military officials stated the strike targeted a Hamas operative, but the collateral damage has drawn international condemnation and renewed calls for a ceasefire. Human rights advocates stress the urgent need for protection of civilians and unrestricted humanitarian access.

As the conflict continues, stories like this underscore the devastating toll on innocent lives caught in the crossfire.

Labels:

Comments

Post a Comment