Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Your daily horoscope: January 18, 2024

 

HOROSCOPES IF TODAY IS YOUR BIRTHDAY

A Mercury-Saturn link on your birthday will encourage you to think deeply and seriously over the coming 12 months. By all means enjoy yourself but don’t ignore that little voice in the back of your head when it sends messages that are clearly profound.

ARIES (March 21 - April 20):

While you may not approve of what a friend or loved one is up to you know there isn’t much you can do about it. You can either turn a blind eye to their efforts or criticize anyway knowing they will almost certainly ignore every word you say.

TAURUS (April 21 - May 21):

You can and you must take the initiative and make things happen over the next 24 hours. Cosmic activity in the most adventurous area of your chart may not be as potent as it was but there is still plenty of scope to start making good things happen.

GEMINI (May 22 - June 21):

Someone you have dealings with seems a little bit slow in the mental department and, to be frank, you would be better off without their ideas. Make an excuse to go off and do things by yourself today and don’t be in a hurry to come back again.

CANCER (June 22 - July 23):

Let someone know that you will no longer allow them to push you around. If you can find the courage to speak up today it won’t be long before they realize you are not the easy touch they took you for and will go off and harass someone else.

LEO (July 24 - Aug. 23):

It’s fine to have controversial views – you are free to think and speak as you please – but you need to bear in mind that if those views are too outrageous you could make enemies of people who can make life tough for you. Tone down your act a bit.

VIRGO (Aug. 24 - Sept. 23):

What occurs over the next few days, and certainly when the sun changes signs at the weekend, could bring you down to earth with a bump. But in a way that’s good because you have been flying a little too high. Better to fall now than later on.

Labels:

Comments

Post a Comment