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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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Shrimp Orzo with Feta


  • Ingredients:

    • Orzo pasta
    • Olive oil
    • Garlic
    • Tomatoes
    • Lemon juice
    • Shrimp
    • Cilantro
    • Pepper
    • Feta cheese

  • Instructions:

    1. Cook orzo as per package directions.
    2. In a skillet, heat oil and cook garlic for 1 minute.
    3. Add tomatoes and lemon juice, bring to a boil.
    4. Add shrimp and simmer until pink (4-5 minutes).
    5. Drain orzo and mix with shrimp, cilantro, and pepper.
    6. Heat through and sprinkle with feta cheese.
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