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5 Things to Know Today: BoC Hike Odds, Fixed Rates, Tariff Swap, $100 Oil & Budget Countdown (Oct. 25)

  Canadian Money Brief • Sunday, October 25, 2026 A big week for your wallet starts Wednesday. Here are the five things Canadians should know before it begins. 1 The Bank of Canada decides Wednesday, and markets lean toward a hike The Bank of Canada announces its rate decision at 9:45 a.m. ET on Wednesday, Oct. 28, alongside a new Monetary Policy Report. Prediction markets price roughly a 79% chance of a quarter-point hike to 2.50%, up sharply after Governor Tiff Macklem’s hawkish comments at the IMF meetings, though analysts remain split and some expect a “hawkish hold.” The U.S. Fed also decides that day. What it means for you: Variable-rate mortgage and HELOC holders feel it first. A 0.25-point hike works out to roughly $70 more per month on a $500,000 variable mortgage (25-year amortization), and prime would move from 4.45% to 4.70%. A hold means little change until the next decision on Dec. 9. 2 Fixed mortgage rates have already moved without the Bank Fixed rates follow bond ...

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Your daily horoscope: September 5, 2025

 


IF TODAY IS YOUR BIRTHDAY

A Mars-Jupiter link on your birthday will do wonders for friendships and group activities but could cost you some serious cash as well. For that reason you need to be picky about who you get involved with. Make sure you always get value for money.

ARIES (March 21 - April 20):

The message of the stars today is that you must identify your goals and stick with them to the exclusion of everything else. You may be tempted to play around with something new that looks interesting but that would be a waste of your time.

TAURUS (April 21 - May 21):

There is a lot of tension in the air at the moment, due mainly to the approaching lunar eclipse, but you don’t have to let it affect you. Turn a blind eye to annoying events and a deaf ear to any criticism that might come your way.

GEMINI (May 22 - June 21):

What occurs over the next 24 hours will limit your options considerably, but there is nothing you can do about it so you’ve got to work through it. Being the creative sort you should be able to find ways to get around most restrictions.

CANCER (June 22 - July 23):

There may be a dozen things on your mind at the moment but only one thing matters and that is how you are going to get a creative project of some kind off the ground. You’ve done all the thinking and planning you need to do – now act!

LEO (July 24 - Aug. 23):

Try not to be too aggressive in your dealings with other people today. A powerful Mars-Jupiter link, plus the approaching eclipse, means you could easily come on too strong and turn people against you. Think before you speak before you act!

VIRGO (Aug. 24 - Sept. 23):

You may think you know better than a friend or colleague, and maybe you do, but they are unlikely to follow your advice if you sound like a braggart. Explain to them gently and respectfully why you think there may be a better way to proceed.

LIBRA (Sept. 24 - Oct. 23):

If you want to withdraw from the hustle and bustle of life today then go right ahead, but don’t be surprised if others disturb your tranquility every few minutes. This could be one of those days when loud and obnoxious people are hard to avoid.

SCORPIO (Oct. 24 - Nov. 22):

It’s not like you to allow doubts to limit your actions but Mars in the most sensitive area of your chart will nag at your confidence today. Sunday’s lunar eclipse will reset the world in your favour but for now just keep it low key.

SAGITTARIUS (Nov. 23 - Dec. 21):

You don’t have to prove you are bigger and stronger and braver than everyone else but you will do so anyway, just for fun. Be careful though. As Mars is at odds with your ruling planet Jupiter you could easily overestimate your abilities.

CAPRICORN (Dec. 22 - Jan. 20):

You will have to make some kind of sacrifice today but will do so readily in the knowledge that your efforts will make a positive difference to people in need. The universe will one day find a way to reward you for your kindness.

AQUARIUS (Jan. 21 - Feb. 19):

If you act without thinking today the lunar eclipse will punish you for it over the weekend, so take what you are doing a step at a time and don’t worry if you fall behind in your schedule. Better to fall behind than to fall off the edge!

PISCES (Feb. 20 - Mar. 20):

If someone acts in an aggressive manner today you must stand up for yourself. The last thing you want is for them to think you are an easy target, because then they will be on your case every day. Let them know you’re not having it!


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