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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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Farmers’ Fury: Greek Blockades Intensify Over Delayed Aid

 

Greek farmers protesting over the delayed payment of European Union subsidies gather near the Heraklion International Airport, in Heraklion.


Greek farmers have escalated their protests across the country, staging nationwide blockades to demand faster access to promised government funding. Major highways and key transport routes have been obstructed, disrupting travel and supply chains as farmers voice frustration over what they describe as unacceptable delays in financial support.

The demonstrations, organized by agricultural unions, highlight growing tensions between rural communities and the government. Farmers argue that rising production costs, combined with delayed subsidies, threaten their livelihoods and the stability of Greece’s agricultural sector.

Authorities have urged dialogue, but farmers remain firm in their stance, insisting that only immediate action will ease their financial strain. With blockades spreading and pressure mounting, the standoff underscores the deep challenges facing Greece’s farming industry and the broader economy.


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