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

French Revival Opulence: Bridle Path Mansion Hits Market at $49.95M

 

                                            15 High Point Rd. in Toronto, for sale for $49.95 million.


Toronto’s famed Bridle Path — often dubbed “Millionaires’ Row” — has welcomed another jaw-dropping listing, this time a French Revival–style estate priced at an eye-watering $49.95 million.

Completed in 2007 after seven years of meticulous planning, the property is the work of hundreds of Europe’s finest artists, artisans, and designers. The mansion boasts seven bedrooms, 11 bathrooms, and a blend of hardwood, marble, and parquet flooring throughout. Its lavish amenities include both indoor and outdoor pools, a sauna, a lush garden, a library, and a concert hall designed for classical performances.

The estate’s grandeur is matched by its attention to detail — from gold-leaf ceilings to antique fixtures sourced across Europe. Despite its scale, the home is described as equally suited for intimate gatherings, with 20 parking spaces ready for larger events.

Situated on a sprawling lot in one of Canada’s most exclusive enclaves, the property offers proximity to elite schools, private clubs, and golf courses. Annual property taxes come in at $110,798 — a small sum for those in the market for one of the country’s most distinguished residences.

Labels:

Comments

Post a Comment