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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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Netanyahu Pushes for Hamas Expulsion Amid UN-Backed Gaza Plan

                                             Israeli Prime Minister Benjamin Netanyahu


Israeli Prime Minister Benjamin Netanyahu has called for the expulsion of Hamas from the region, just one day after the United Nations Security Council endorsed a U.S.-backed plan aimed at stabilizing Gaza. The plan controversially offers amnesty and safe passage to Hamas members who commit to peace, a provision that Netanyahu’s latest remarks appear to reject.

Netanyahu had previously expressed support for the framework during a visit to the White House in September, but his new statements highlight a growing rift between Jerusalem and Washington over how to resolve the conflict. While the U.S. proposal envisions a transitional authority and international stabilization force to oversee Gaza’s recovery, Netanyahu insists that Hamas must be completely removed to ensure long-term security.

Diplomats note that entrenched positions on both sides have made progress difficult. Hamas has already voiced opposition to several elements of the plan, while Israel’s demand for full demilitarization and disarmament clashes with the amnesty provisions. Despite these tensions, the UN resolution has received broad international support, with most member states backing the initiative as a step toward peace.

Netanyahu’s call for expulsion underscores Israel’s hardline stance and raises questions about the feasibility of implementing the UN-backed plan. Observers suggest that the divergence between U.S. and Israeli priorities could complicate efforts to stabilize Gaza, leaving the future of the region uncertain.


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