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BoC Decision Day: What a Hold at 2.25% Means for Your Mortgage

  Published September 2, 2026 Tomorrow's date has been sitting at the bottom of every Canadian Money Brief for weeks, and it's finally here. The Bank of Canada announces its overnight rate decision on Wednesday, September 2 at 9:45 a.m. ET, with Governor Tiff Macklem holding a press conference at 10:30. Every economist polled by Reuters — all 35 of them — expects the same outcome: a hold at 2.25%, the eighth straight meeting without a move. That's the headline. The more useful question for your wallet is what a "boring" hold actually does — and doesn't do — to your mortgage, and why two of the Big Six banks think the boring streak is about to end. Why a hold is the almost-certain call The Bank has a genuinely awkward setup heading into this meeting. On one side, the economy just posted its best quarter in years: GDP grew at a 3.3% annualized pace in the second quarter, well ahead of the Bank's own 2.5% forecast, and July's jobs report added a blowout ...
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Thousands of Canadians Die While Waiting for Surgery



According to a recent report, more than 17,000 Canadians have died while waiting for surgery or diagnostic scans in 2022-23. The report also suggests that the actual number could be higher. This is a concerning issue that needs to be addressed.

Long wait times for surgeries, MRI and CT scans are putting thousands of patients at risk. The surgical waitlist in Ontario alone surpasses 200,000 people . This comes off the back of a 21-page report from CUPE’S Ontario Council of Hospital Unions that found hospital staff vacancies have grown dramatically, increasing 19 per cent over the last year, and currently 37,00 positions remain unfilled .

The consequences of the long waits are stark, as more than 2,000 people died on waiting lists for surgeries last year, up almost 50 per cent from the year before. Another 9,400 patients died waiting for MRIs and CT scans . The situation is dire and requires immediate attention.


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