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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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Grilled Shrimp Tacos with Avocado Salsa

 

Ingredients: 

  • 1/2 small shallot, roughly chopped
  • 1 jalapeño pepper, seeded and roughly chopped
  • 1 clove garlic, roughly chopped
  • 1 ripe avocado, diced
  • 1 small tomato, diced
  • 1/4 teaspoon salt
  • 1 tablespoon fresh lime juice
  • 2 tablespoons chopped fresh cilantro
  • 1 pound large shrimp, peeled and deveined
  • 1 tablespoon olive oil
  • 1/2 teaspoon chili powder
  • 1/4 teaspoon salt
  • 1/8 teaspoon cayenne pepper
  • 8 corn tortillas


Directions: 

  1. Begin by making the avocado salsa. Combine the shallot, jalapeño pepper, and garlic in a food processor and process until finely minced. Add the mixture to a bowl along with the avocado, tomato, salt, lime juice, and chopped cilantro. Stir to combine.

  2. Next, prepare the shrimp by combining it with the olive oil, chili powder, salt, and cayenne pepper. Toss until evenly combined.

  3. Grill the shrimp over medium heat. If you’re worried your shrimp will slip through, you can always thread them on skewers or just cook them indoors in a skillet. Either way, be careful not to overcook them — they only need a minute or two per side.

  4. Finally, heat the tortillas on the grill or in the microwave, and assemble the tacos with all the fixings.


 

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