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5 Things to Know Today: BoC Hike Odds Near 80%, Oil Tops US$100, Loonie Hits 5-Week High

  Canadian Money Brief  |  Saturday, October 24, 2026 The Bank of Canada is expected to raise rates on Wednesday, oil is back above US$100 and stocks slipped on AI worries. Here are the five things to know this Saturday, and what each one means for your wallet. 1 The Bank of Canada is widely expected to hike on Wednesday Markets are putting roughly an 80% chance on a quarter-point increase at the Bank of Canada’s Oct. 28 decision, which would lift the policy rate from 2.25% to 2.50%. A majority of economists polled by Reuters also expect a second hike by the end of March. The shift followed hawkish comments from Governor Tiff Macklem about a higher inflation outlook driven by oil. What it means for you Every 0.25-point increase adds about $250 a year (roughly $21 a month) for each $100,000 of prime-linked debt, such as a variable-rate mortgage or HELOC. Fixed-rate holders are not hit directly, but renewals are being priced off higher bond yields. Savers may see HISA and...
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Chasing the Podium: Early Medal Picture at the 2026 Winter Olympics


As the Milan–Cortina 2026 Winter Olympics continue to unfold, the race for medals is already shaping into a familiar yet thrilling contest. Early results point toward a competitive field, with several powerhouse nations asserting themselves across the opening events.

Emerging Medal Standings

While the full table is still evolving, a few trends are already clear:

  • Norway is once again setting the pace, continuing its long‑standing dominance in winter sports.
  • The United States is off to a strong start, leveraging depth across multiple disciplines.
  • Germany, Canada, and Austria are also firmly in the mix, each capitalizing on their traditional strengths in alpine skiing, sliding sports, and skating events.

What Lies Ahead

With more than a hundred events on the program—including the Olympic debut of ski mountaineering—the standings are far from settled. As competitions intensify, every medal opportunity has the potential to shift the leaderboard and rewrite the narrative of these Games.

The coming days promise dramatic finishes, breakout stars, and the kind of unforgettable Olympic moments that define a generation of athletes.

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