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Money
At 9:45 a.m. ET the Bank sets its policy rate and publishes new forecasts. Markets lean heavily toward a hike to 2.50%, but the case for holding at 2.25% is real — and a surprise either way moves mortgages, the loonie and December bets.
Money
A Reuters poll of 34 economists finds 56% now expect a quarter-point hike to 2.50% next Wednesday, with another rise by end-March, after September's 3.1% inflation reading and sharply rising expectations.
Money
Retail sales rose 1.2% to $74.57 billion in August, the last major data point before next week's rate decision — and economists are split on whether the Bank hikes or holds.
Money
Brent closed at $113.17 on Thursday, up 4%, after The New York Times reported the two militaries have specific plans for a short, intense campaign against Iran after November 3. The S&P 500 had its worst day since July.
Money
Meta's AI spending plans and Tesla's capex cut spooked tech, while fresh Houthi attacks in Saudi Arabia sent Brent toward a five-month high. The AI-trade wobble is now a Middle East story too.
Money
François-Philippe Champagne told the House of Commons the budget comes six days after the Bank of Canada's Oct. 28 decision. The provinces' biggest ask — a bigger health-transfer cheque — is waiting in the wings.
Money
Hawkish weekend comments from Governor Tiff Macklem flipped the odds of an Oct. 28 rate increase from roughly 35% to nearly 85% in days, as $110 oil collides with a 3.1% inflation print.
Business
The Houthis said Monday they hit an Aramco facility, the Shaybah oilfield and two airports. Saudi Arabia hasn't confirmed the claims and Reuters says it can't verify them — but markets priced the risk anyway, pushing crude to its highest since May.
Money
The bank's quarterly surveys of businesses and consumers landed at 11:30 a.m. Monday — and the headline number is the one central bankers fear: long-run inflation expectations climbing to meet short-term ones, nine days before the Oct. 28 rate decision.
Money
Gasoline prices surged 27.8 per cent year over year while core inflation measures stayed tame. This is the last inflation report before the Bank of Canada decides on Oct. 28 — here's what the numbers say about your mortgage.
Money
Monday's split-screen markets capture an energy shock colliding with a political one: Brent slid nearly 2 per cent off its five-month high as markets weighed more Russian fuel supply, while gold climbed toward record territory. Here's what it means for Canadian gas prices — and the Bank of Canada's Oct. 28 rate call.
Money
Brent crude touched $110 a barrel on Friday as tankers burned in the Strait of Hormuz. Canadian drivers are about to pay for a war they didn't start — and the people who set interest rates are in a bind with no clean way out.
Money
From Bangkok on Saturday, the Bank of Canada governor warned that surging oil prices are raising the risk of broader, more persistent inflation — and asked out loud the question every mortgage holder is dreading.
Money
Iran's escalating campaign against shipping through the Strait of Hormuz pushed oil to its highest since May on Friday — and that price pressure is heading for your tank and the Bank of Canada's Oct. 28 decision.
Money
Non-resident investors sold a net C$17.3 billion in Canadian securities in August, Statistics Canada reported Friday — the first monthly sell-down of the year, led by an unprecedented exit from federal debt.
Money
The governor said Friday the bank has been "looking through" higher energy prices, "but the longer this goes, the harder that gets." The Oct. 28 rate decision is 12 days away, and a hike is firmly back on the table.
Money
September PPI rose 1.3% in a month and 6.3% over the year, with gasoline up 20.3%. The hot reading puts a Fed hike back on the table — and sharpens the stakes for the Bank of Canada's Oct. 28 decision.
Money
September CPI hit 3.7% — with gasoline up 9.1% in a single month. What it means for the Oct. 28 rate decision and your mortgage.