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Big Six Banks Raise Fixed Mortgage Rates: What Your Renewal Costs Now

  Canadian Money Brief • Mortgages Updated Saturday, October 17, 2026 If your mortgage term ends this winter, the rate you saw advertised in August is probably gone. All six of Canada’s big banks have raised fixed rates since early September, and the Bank of Canada hasn’t touched its policy rate in almost a year. That disconnect catches a lot of homeowners off guard. Your fixed mortgage rate doesn’t follow the Bank of Canada. It follows the bond market. And bond yields have been climbing on oil-driven inflation worries, which means the people feeling it first right now are the ones opening a renewal letter. The numbers at a glance Up to 0.50 pt in fixed-rate increases at the big banks in about five weeks • BoC policy rate still 2.25% • Big bank prime still 4.45% • About $110 a month more on a $400,000 balance from a half-point jump How far have the big banks moved? Depending on the term, some big bank fixed rates are up by as much as half a percentage point in roughly five week...
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Healthy Eating Tips: Jamie Oliver's valuable tips to get your kids to eat healthy.


 Jamie Oliver, a renowned British chef, is known for his advocacy for healthier diets for school children1. Here are some of his best advice for busy parents:


1. Teach them to cook: Involving your children in cooking will give them a sense of how ingredients become meals and an appreciation for the process. It’s not only a valuable life skill but also a habit that can be developed over time.

2. Use your freezer: Keeping frozen vegetables in stock is a healthy and convenient option. Vegetables like squashes, potatoes, and carrots are affordable and can be used to prepare easy meals throughout the year.

3. Involve them in shopping and prep: Taking your kids to the grocery store or farmers’ market, even if you’re just browsing, can help build their familiarity with healthy ingredients. It creates an experience they’ll remember and associate with fun.

4. Offer good options: Instead of giving your kids the choice between unhealthy fast food and homemade meals, ensure that both options are healthy. For example, let them choose between a protein-packed sandwich with leafy greens or a homemade soup.

5. Explore recipes to cook with kids: This will not only develop their culinary skills but also introduce them to new tastes and textures.

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