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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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Roasted Asparagus



Whip up roasted asparagus in minutes—this simple recipe for tender, crisp spears with golden, caramelized tips is perfect every time.

Ingredients:

  • Thick Asparagus Spears: Choose thick stalks to avoid overcooking; thin ones can become limp.
  • Olive Oil: For drizzling over the asparagus.
  • Salt and Pepper: To season.
  • Optional: Lemon Zest or Freshly Grated Parmesan Cheese for extra flavor.

Instructions:

  1. Preheat the oven to 425°F and set an oven rack in the middle position.
  2. Trim the tough ends off the asparagus. Bend one spear until it naturally snaps where it starts to get woody.
  3. Dry the asparagus thoroughly to prevent steaming during roasting.
  4. Line a baking sheet with heavy-duty aluminum foil.
  5. Spread the asparagus in a single layer on the prepared baking sheet.
  6. Drizzle with olive oil, sprinkle with salt and pepper, and shake the pan to coat the asparagus evenly.
  7. Roast until crisp-tender, about 6 to 8 minutes, depending on the thickness of the asparagus.
  8. Transfer to a platter and serve.

Enjoy this delightful roasted asparagus alongside your favorite main course! 

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