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5 Things to Know Today: BoC Hike Odds Near 80%, Oil Tops US$100, Loonie Hits 5-Week High

  Canadian Money Brief  |  Saturday, October 24, 2026 The Bank of Canada is expected to raise rates on Wednesday, oil is back above US$100 and stocks slipped on AI worries. Here are the five things to know this Saturday, and what each one means for your wallet. 1 The Bank of Canada is widely expected to hike on Wednesday Markets are putting roughly an 80% chance on a quarter-point increase at the Bank of Canada’s Oct. 28 decision, which would lift the policy rate from 2.25% to 2.50%. A majority of economists polled by Reuters also expect a second hike by the end of March. The shift followed hawkish comments from Governor Tiff Macklem about a higher inflation outlook driven by oil. What it means for you Every 0.25-point increase adds about $250 a year (roughly $21 a month) for each $100,000 of prime-linked debt, such as a variable-rate mortgage or HELOC. Fixed-rate holders are not hit directly, but renewals are being priced off higher bond yields. Savers may see HISA and...
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Athens Flights to Continue Amid Strike, Travelers Urged to Prepare for Delays


Despite a nationwide general strike set for October 1, 2025, flights to and from Athens International Airport will operate as scheduled after Greek courts ruled the participation of air traffic controllers in the strike illegal. AEGEAN and Olympic Air confirmed that all domestic and international services will proceed, though passengers may still face significant delays due to ongoing restrictions on the number of takeoffs and landings per hour.

Athens International Airport has already been grappling with disruptions, with nearly one in five flights delayed earlier this week, some by up to two hours. The strike is expected to heavily impact other modes of transport, including ferries, metro, buses, and taxis, leaving travelers with limited alternatives.

Authorities and airlines are advising passengers to check for real-time updates, allow extra time for their journeys, and be prepared for longer queues at Greece’s busiest airport.


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