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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...

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Deadly Jerusalem Bus Stop Attack Leaves Six Dead, Gunmen Killed


Emergency personnel move a casualty on a stretcher at the scene where a suspected shooting attack took place at the outskirts of Jerusalem September 8, 2025


A deadly shooting at Jerusalem’s Ramot Junction on Monday morning has left six people dead and at least a dozen others injured, according to Israeli authorities. The attack began around 10:13 a.m. local time, when two gunmen opened fire on people waiting at a bus stop and at a bus that had just arrived.

Emergency service Magen David Adom reported that four victims — three men in their 30s and a man in his 50s — were pronounced dead at the scene, while two others later succumbed to their injuries in hospital. Among the wounded are several in critical condition, including a pregnant woman.

Police say the attackers, identified as residents of the West Bank, were armed with improvised “Carlo” submachine guns. They were shot and killed by an off-duty soldier and armed civilians who were at the scene.

Prime Minister Benjamin Netanyahu visited the site, vowing to “pursue and encircle” the villages from which the attackers came, and reaffirming Israel’s ongoing fight against terrorism. Hamas praised the attack but did not claim responsibility.

The incident marks one of the deadliest shootings in Jerusalem in recent years, adding to a surge in violence amid the ongoing conflict in Gaza and the West Bank.


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