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The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...

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How to Eat Healthy on a Budget in 2024

 


The cost of food is expected to rise by 3.5% in 2024, according to the latest report from the Food and Agriculture Organization. This means that eating healthy can be challenging for many people who are on a tight budget. However, there are some ways to save money and still enjoy nutritious meals. Here are some tips:

- Plan your meals ahead and make a shopping list. This will help you avoid impulse buying and wasting food. You can also look for sales and discounts on items that you need.

- Buy in bulk and freeze or store the leftovers. You can save money by buying larger quantities of staples like rice, beans, pasta, oats, and frozen vegetables. You can also cook large batches of soups, stews, casseroles, and other dishes and freeze them for later use.

- Choose seasonal and local produce. Fruits and vegetables that are in season and grown locally are usually cheaper and fresher than those that are imported or out of season. You can also visit farmers' markets or join a community-supported agriculture (CSA) program to get fresh produce at a lower price.

- Grow your own food. If you have some space and time, you can grow your own herbs, salad greens, tomatoes, peppers, and other crops in pots, containers, or a small garden. This will not only save you money but also give you access to organic and pesticide-free food.

- Cook from scratch and avoid processed foods. Processed foods are often high in salt, sugar, fat, and additives, which can harm your health and increase your medical bills. Cooking from scratch allows you to control the ingredients and the portion sizes. You can also use cheaper cuts of meat, such as chicken thighs, ground beef, or pork shoulder, and make them tender and flavorful by using marinades, spices, herbs, and slow cooking methods.

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