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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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Outrage and Demands for Justice: Protests Erupt Across India After Doctor’s Brutal Murder


In the wake of a horrifying incident, India has witnessed widespread protests and outrage over the rape and killing of a young doctor at a state-run hospital. The victim, a trainee doctor at Kolkata’s RG Kar Medical College and Hospital, was found dead with extensive injuries. Her colleagues discovered her half-naked body on the podium, leading to shock and anger within the medical community and beyond.

The incident has sparked nationwide demonstrations, with doctors, paramedics, and medical students taking to the streets. Their demands include a safer working environment and justice for the victim. Thousands of doctors marched in Kolkata and other parts of West Bengal, denouncing the killing and calling for better security measures.  Government hospitals experienced disruptions as resident doctors demanded a CBI inquiry and better security, leading to suspensions of outpatient services and surgeries in various states.

The brutal crime has highlighted the chronic issue of violence against women in India. As protesters continue to raise their voices, the nation grapples with the urgent need for systemic change and accountability. The doctor’s tragic death serves as a stark reminder that safety and justice must prevail within our healthcare institutions.

Let us hope that these protests lead to meaningful reforms and a safer environment for all healthcare professionals in India. 

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