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BoC Held Again at 2.25% — But a Rate Hike Is Now More Likely Than Not Before Year-End

  Bond markets put the odds of an October 28 hike at 57%. Here's what the big banks are forecasting, what it means for your mortgage payment, and how to think about your next move. MoneySavings.ca · September 17, 2026 The Bank of Canada kept its overnight rate at 2.25% on September 2 — the seventh consecutive hold since the last cut in October 2025. On the surface, nothing changed. Below the surface, everything did. Governor Tiff Macklem's post-decision language was the most hawkish the Bank has sounded in over a year. He flagged that persistently high oil prices (Brent has since touched $107) and new U.S. tariffs — combined with Canada's own $27.6 billion retaliation list — are creating genuine upside risks to inflation. The BoC's August deliberations summary, released September 16, confirmed the Governing Council is now actively weighing a hike, not just a hold. The August CPI reading that came in on September 14 didn't settle anything: headline inflation held at ...
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Starbucks Challenges Labor Agency in Supreme Court Case


In a significant legal battle, Starbucks is facing off against the National Labor Relations Board (NLRB) before the U.S. Supreme Court. The case centers around the company’s decision to fire seven workers who were actively involved in unionization efforts at a Tennessee store. Here are the key details:

  1. Background:

    • After Starbucks dismissed the seven workers for their unionization activities, the NLRB obtained a court order requiring the company to rehire them.
    • Now, Starbucks is seeking to limit the government’s power in such cases by challenging the NLRB’s actions.

  2. Supreme Court Hearing:

    • Justices are scheduled to hear Starbucks’ case against the NLRB.
    • If the court rules in favor of Starbucks, it could make it more difficult for the NLRB to intervene when it alleges corporate interference in unionization efforts.

  3. The Controversy:

    • Starbucks argues that the NLRB’s standards for requesting temporary injunctions against companies lack consistency across federal appeals courts.
    • Temporary injunctions can be burdensome for companies, as the NLRB’s administrative process can take years.

  4. Current Status:

    • Five of the seven workers involved in the case are still employed at the Memphis store, while the other two remain committed to the organizing effort.
    • The Memphis store voted to unionize in June 2022, but no labor agreement has been reached with Starbucks for any of the 420 company-owned U.S. stores that have voted to unionize since late 2021.

  5. Looking Ahead:

    • The hearing comes at a time when relations between Starbucks and Workers United (the union representing its workers) have improved. Both sides have resumed talks with the goal of reaching contract agreements this year.
    • The Supreme Court’s decision could have broader implications for labor rights and corporate accountability in unionization efforts.

In summary, Starbucks’ legal battle with the NLRB highlights the tension between corporate interests and workers’ rights. The outcome of this case could shape future labor disputes and the role of federal agencies in protecting employees’ right to organize.

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