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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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Honouring Sacrifice: Canada’s Remembrance Day Ceremonies 2025

 

Bugler Master Sailor Jordan Shephard plays and Piper Keigan Elliott salutes at the first sunrise ceremony of the Field of Crosses' Eleven Days of Remembrance in Calgary on Saturday, Nov. 1, 2025. The morning and evening ceremonies will take place at the Field of Crosses along Memorial Drive through November 11.


Across Canada, Remembrance Day on November 11, 2025 will be marked with solemn ceremonies, parades, and moments of silence to honour those who served and sacrificed in times of war. This year carries special significance, as it marks 80 years since the end of the Second World War and the 100th anniversary of Toronto’s Cenotaph at Old City Hall.

National Observances

The National Remembrance Day Ceremony in Ottawa remains the country’s central event, featuring the Act of Remembrance, a 21-gun salute, prayers, and wreath-laying by dignitaries including the Governor General, Prime Minister, and veterans’ organizations. At 11 a.m., Canadians nationwide will pause for two minutes of silence, reflecting on the courage and sacrifice of those who gave their lives.

Regional Highlights

  • Calgary: The Field of Crosses hosts sunrise and sunset ceremonies leading up to November 11. On the day itself, Canadian Pacific Kansas City (CPKC) will hold a memorial service at Memorial Square, complete with a train whistle tribute.
  • Grey Bruce, Ontario: Communities such as Owen Sound, Tara, and Paisley will hold parades and cenotaph services. Local legions will host receptions and dinners, ensuring veterans and families gather in remembrance.
  • Kingston: Thousands will attend civic ceremonies, including the People’s Wreath tradition, where attendees contribute poppies to a collective tribute.
  • Metro Vancouver: Victory Square’s service, dating back to 1924, remains a cornerstone event. Ceremonies will also take place at UBC and the Japanese Canadian War Memorial in Stanley Park.
  • Toronto: Old City Hall’s ceremony will commemorate both the centennial of its cenotaph and the broader legacy of Canada’s fallen heroes.

A Shared Tradition

Remembrance Day is not only about honouring the past but also about recognizing the service of today’s Canadian Armed Forces members. From coast to coast, parades, wreath-laying ceremonies, and community gatherings remind Canadians of the enduring importance of remembrance.

As the number of surviving Second World War veterans continues to dwindle, these ceremonies take on added weight. They ensure that future generations understand the sacrifices made for freedom and peace.

Lest we forget.

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