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Monday’s CPI Could Decide Your Next Mortgage Payment

  Canada lost 68,000 jobs in September. Inflation is sitting at 3%. The Bank of Canada has to decide on October 28 which of those facts matters more, and on Monday morning one more number lands to help it choose. If you carry a variable-rate mortgage, a HELOC or a renewal this winter, that number has a price tag. Two reports pulling in opposite directions The jobs data came first. Statistics Canada reported on October 9 that employment fell by 68,000 in September, pushing the unemployment rate to 6.5% from 6.4%. It followed a drop of about 42,000 in August, which means more than half of the 181,000 jobs gained between April and July have now been wiped out. Ontario shed 20,000 positions on its own. Markets reacted within hours: the odds of a quarter-point Bank of Canada hike on October 28 dropped to roughly 25% from about 40%, according to LSEG data reported by Reuters. Inflation is telling the opposite story. The consumer price index rose 3.0% year over year in August, matching Ju...
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Cyberattack Chaos: European Airports Grapple with Prolonged Check-In Disruptions

 

Check-in counters at a terminal at Berlin's Brandenburg airport, in Schönefeld, Germany, Saturday Sept. 20, 2025, after a cyberattack targeting check-in and boarding systems disrupted air traffic at several major European airports.


A major cyberattack targeting airline check-in systems has continued to disrupt travel across Europe for a second consecutive day, leaving passengers stranded and airlines scrambling to adapt.

The attack, which began late Friday, affected airports in Brussels, London, and Berlin, forcing staff to revert to manual processes such as handwritten boarding passes and backup laptops. The disruption stems from a “cyber-related incident” impacting software provided by Collins Aerospace, a U.S.-based company that supports check-in, baggage tagging, and boarding systems.

While operations at London’s Heathrow and Berlin’s Brandenburg airports showed signs of improvement by Sunday, Brussels Airport remained heavily impacted, reporting more than 70 flight cancellations in a single day—double the number from Saturday. Airport officials warned that the timeline for full recovery remains uncertain, urging passengers to verify flight details before traveling.

Authorities have not yet identified the perpetrators, with experts suggesting the attack could be linked to hackers, criminal groups, or even state-backed actors.

For now, European travelers face longer waits, unexpected cancellations, and a reminder of the growing vulnerability of critical infrastructure to cyber threats.


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