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5 Things to Know Today: BoC Hike Odds, Fixed Rates, Tariff Swap, $100 Oil & Budget Countdown (Oct. 25)

  Canadian Money Brief • Sunday, October 25, 2026 A big week for your wallet starts Wednesday. Here are the five things Canadians should know before it begins. 1 The Bank of Canada decides Wednesday, and markets lean toward a hike The Bank of Canada announces its rate decision at 9:45 a.m. ET on Wednesday, Oct. 28, alongside a new Monetary Policy Report. Prediction markets price roughly a 79% chance of a quarter-point hike to 2.50%, up sharply after Governor Tiff Macklem’s hawkish comments at the IMF meetings, though analysts remain split and some expect a “hawkish hold.” The U.S. Fed also decides that day. What it means for you: Variable-rate mortgage and HELOC holders feel it first. A 0.25-point hike works out to roughly $70 more per month on a $500,000 variable mortgage (25-year amortization), and prime would move from 4.45% to 4.70%. A hold means little change until the next decision on Dec. 9. 2 Fixed mortgage rates have already moved without the Bank Fixed rates follow bond ...
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Anant Ambani’s Extravagant Wedding Captivates the World

 

The opulent wedding of Anant Ambani, the youngest son of Asia’s wealthiest man, Mukesh Ambani, has captured global attention. Held at the Ambani-owned Jio World Convention Centre in Mumbai, the event was nothing short of spectacular. Here are the highlights:

  1. Celebrity Guest List: The guest list read like a who’s who of the world’s elite. Reality TV star Kim Kardashian, professional wrestler and Hollywood actor John Cena, and former British Prime Minister Tony Blair were among the attendees.

  2. Staggering Wealth: The wedding showcased the Ambani family’s immense wealth. More than 100 private planes ferried guests to and from India, emphasizing the scale of the celebration.

  3. Months of Festivities: The wedding was the culmination of months of festivities. Pop stars Rihanna and Justin Bieber performed at various pre-wedding events, adding to the glamour.

  4. Family Unity: Billionaire Mukesh Ambani stood proudly with his family—wife Nita, daughter Isha, and sons Akash and Anant—as they celebrated Anant’s union with Radhika Merchant.

In summary, Anant Ambani’s wedding was a dazzling affair that left the world in awe. 

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