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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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Grilled Moroccan Meatballs with Yogurt Sauce


Spice things up with these grilled Moroccan meatballs, seasoned with warm spices and cooled down with a creamy yogurt sauce—every bite is packed with flavor!

Ingredients:

  • 1 large egg
  • 3 garlic cloves, minced
  • 1 teaspoon ground cumin
  • 1 teaspoon ground allspice
  • ¼ cup finely chopped fresh cilantro (optional)
  • 1¼ teaspoons kosher salt
  • 1 pound ground beef
  • ½ cup panko bread crumbs
  • Oil for greasing the grill

For the Yogurt Sauce:

  • 1 cup Greek yogurt
  • ½ cucumber, peeled and finely diced
  • 1 tablespoon lemon juice
  • 1 tablespoon fresh dill, chopped
  • Salt and pepper to taste

Instructions:

  1. In a medium bowl, combine the egg, minced garlic, ground cumin, ground allspice, chopped cilantro (if using), salt, and pepper. Mix until well combined.
  2. Add the ground beef and panko bread crumbs to the spice mixture. Mix together with your hands until just combined.
  3. Use a 1/3 cup measure to portion out the meat and shape it into discs.
  4. Preheat your grill to medium-high heat and grease it well.
  5. Place the meatballs on the grill and cook for about four minutes per side, until charred and no longer pink in the center. As they cook, the centers will dome slightly, creating nicely shaped meatballs.
  6. Meanwhile, make the yogurt sauce by combining the Greek yogurt, finely diced cucumber, lemon juice, fresh dill, salt, and pepper in a small bowl. Mix to combine.
  7. Serve the grilled Moroccan meatballs over couscous, topped with the refreshing yogurt-cucumber sauce.

Enjoy this flavorful and easy-to-make dish! 

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