It's Thursday, October 29th. Good morning. Sunshine today. A slight chance of showers this afternoon. Windy and it gets up to 19. Right now it's to the dollar 71.46 cents US. I'm Stacey Englehart. While the cost of living is putting historic financial pressure on households outpacing wages, The Bank of Canada's governor just made the affordability crisis even worse. He rose interest rates a quarter point to 2.5 percent. The average variable rate mortgage holder will now have to shell out an additional 1 to $200 a month or more. While economists say the hike is needed to tame inflation, those who actually benefit are the rich, investors, large financial institutions. A survey by H&R Block Canada found close to 60% of working Canadians are struggling to make ends meet despite a decent salary, with a growing number working another job just to break even. Quebec's premier will not attend the Canadian European Union summit in Montreal today and tomorrow. Paul Saint-Pierre Plamondon said he's concerned Quebec's interests will not be represented without an official opportunity to speak. The summit aims to strengthen political partnerships between Canada and the EU. The Prime Minister reiterated he was invited to dine at the head table but was not given an opportunity to speak at the conference. The Party Quebecois, meanwhile, vowing to put an end to the time change, saying this weekend is very likely the last time Quebecers will turn back the clocks. The premier took to social media yesterday to reiterate his party has taken a stand several times against the change, pointing to studies that shows the practice is counterproductive for health and poses adaption challenges for children. Light 1067 sports. The smallest market in the majors are World Series champions for the first time. The Milwaukee Brewers beat the Rays 4-1 to win the series four games to one. NHL last night, Leafs lost to Seattle. Edmonton blanked Calgary. Montreal is in Dallas tonight at 8. Major League Soccer CF Montreal lost to Charlotte 4-0. In the NBA, the Raptors blasted Orlando 129.99. They host Orlando tomorrow 7 In the WNBA, the final could be decided this afternoon. Golden State plays Atlanta 1230. Golden State leads 3-2. And tonight in the NFL, Carolina is in Green Bay 815. Light 1067 weather, sunshine today. There is a chance of showers, windy 19 this afternoon. Tonight chance of showers, windy and 9. Tomorrow, cloudy, windy and 12. Right now it's 2 degrees. From the Light 1067 News Center, I'm Stacey Englehart.
News Update: 8:00am, Thursday October 29th, 2026
Oct 29, 2026 | 11:13 AM