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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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Iran Executes Alleged Mossad Operative Amid Escalating Tensions

Entangled in a decades-long shadow war with Israel, Iran has executed many individuals it accuses of having links with Israel's Mossad intelligence service.

Iran announced the execution of Bahman Choobiasl, described by state media as “one of the most important spies for Israel in Iran.” The judiciary’s Mizan news agency claimed Choobiasl had collaborated with Israel’s Mossad intelligence service, working on sensitive telecommunications projects and allegedly providing information on the import routes of electronic equipment.

The execution marks the 10th such case since Iran’s brief but intense conflict with Israel in June, which left more than 1,000 people dead and heightened regional hostilities. Authorities said Choobiasl’s death sentence was upheld by Iran’s Supreme Court on charges of “corruption on earth,” a term often used in espionage and national security cases.

Human rights groups have raised concerns over the surge in executions, noting that Iran has carried out more than 1,000 death penalties this year alone — the highest pace since the late 1980s. Activists also warn that many of those accused of spying may have been coerced into confessions under torture.

The case underscores the deepening shadow war between Iran and Israel, as both nations continue to accuse each other of covert operations, assassinations, and cyberattacks.

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