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Lock In or Wait? Why Two Big Banks Say Rates Are Going Up in October

  Published September 2, 2026 The Bank of Canada did exactly what all 35 economists in Reuters' latest poll expected today: it held its overnight rate at 2.25% for a sixth straight decision, keeping the prime rate at 4.45%. Bond markets had priced in barely a 3% chance of anything else. What's not settled is what happens next — and on that question, Canada's biggest banks are more split than they've been all year. Four of the Big Six expect the Bank to sit tight through the end of 2026. Two expect it to start hiking as soon as October. If you're renewing a mortgage in the next few months, that gap isn't academic — it's the difference between locking in now and gambling on a rate cycle turning against you. The Split, Bank by Bank Here's where the six largest banks stand on where the overnight rate lands by the end of 2026: Bank Year-end 2026 call Stance BMO 2.25% (hold) Hold camp CIBC 2.25% (hold) Hold camp RBC 2.25% (hold) Hold camp TD 2.25% (hold) Hold...
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Blowout on Boeing 737 Max 9 Jet Prompts Grounding of Most Planes


An emergency landing by an Alaska Airlines jetliner last Friday prompted U.S. authorities to ground most of Boeing’s 737 Max 9 aircraft, another black mark in the troubled history of the company’s Max jets. The incident involved a blowout of a paneled-over exit door, called a door plug, which is exceedingly rare in air travel. The emergency grounding order affected about 171 planes with installed door plugs, comprising the vast majority of the roughly 218 Max 9s in service around the world.

While the investigation is still ongoing, preliminary inspections have identified “loose hardware” or “bolts that needed additional tightening” in the door plugs of grounded aircraft. The incident has renewed questions about the safety of Boeing’s Max 8 and Max 9 aircraft, the latest versions of the company’s storied 737.

The blowout is another setback for Boeing, which has been struggling to regain its footing after two fatal crashes involving its 737 Max planes in 2018 and 2019. The company has since made significant changes to the aircraft’s software and safety systems, but the latest incident has raised concerns about the plane’s safety once again .

The U.S. Federal Aviation Administration (FAA) has begun an investigation into the incident, which is focused on the door plug that blew off the passenger jet shortly after takeoff  The FAA has ordered airlines to inspect the door plugs of all 737 Max planes with installed door plugs.

The incident has also prompted Indonesia to temporarily ground three Boeing 737-9 Max jetliners .

In summary, the blowout on a Boeing 737 Max 9 jet has led to the grounding of most planes with installed door plugs, and has raised concerns about the safety of the company’s Max jets once again. The FAA has ordered airlines to inspect the door plugs of all 737 Max planes with installed door plugs, and the investigation is still ongoing.

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