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

Pope’s Visit to Lebanon Sparks Hope Amid Turmoil

 

Pope Leo XIV waves while boarding the papal plane at Ataturk Airport, as he departs from Turkey to Lebanon during his first apostolic journey, in Istanbul, Turkey, November 30, 2025. 


The Pope arrived in Lebanon today, carrying a message of peace and solidarity to a nation struggling with political instability and the scars of regional conflict. His visit is seen as a symbolic gesture aimed at uniting communities across religious and political divides.

During his address, the Pope emphasized the importance of dialogue, reconciliation, and compassion, urging leaders and citizens alike to work toward a future free from violence. Crowds gathered in Beirut to welcome him, many expressing hope that his presence could inspire renewed efforts for stability and healing in the war-wracked region.

Observers note that Lebanon, long considered a bridge between cultures and faiths, faces mounting challenges. The Pope’s visit, however, is being hailed as a reminder of the country’s resilience and its potential to serve as a beacon of coexistence in the Middle East.


Labels:

Comments

Post a Comment