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Mortgage Renewal Shock 2026: What Canadian Homeowners Need to Know

  The Reality: Over 60% of Canadian mortgages are renewing in 2025 and 2026—many at rates significantly higher than their original terms. While some homeowners will see relief, others face payment increases of 15–40%. This guide will help you understand what's happening, run the numbers, and explore your options before your renewal date arrives. The Big Picture: What's Happening in 2026 Canada is experiencing a historic wave of mortgage renewals. A large cohort of mortgages originated during the pandemic's historic low-rate period—when rates hovered around 2% or lower in 2020–2021—are now maturing and resetting at today's rates. The Bank of Canada staff estimate that roughly 60% of outstanding mortgages will renew in 2025 and 2026, making this the most significant renewal cycle in decades. In 2026, the average mortgage renewal increase is projected to moderate to around 6%, though individual experiences vary dramatically depending on mortgage type and renewal timing. W...
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Trump Trial Turmoil: Jury Disruptions Threaten Court Proceedings

 


The criminal trial of former President Donald Trump in New York City has encountered significant disruptions, casting a shadow over the judicial process. Two jurors have been excused from duty after their personal details were inadvertently disclosed, leading to concerns for their safety and impartiality.

  • Juror Concerns: A nurse, known as “juror number two,” expressed fear for her public identification after friends and colleagues recognized her from news reports. Her apprehension about being fair and unbiased led to her dismissal from the trial.
  • Anonymity Compromised: The trial, which features an anonymous jury to protect against political tensions, has been compromised by detailed media reports. This has resulted in the identification of jurors, including a Puerto Rican IT consultant, “juror number four,” who also expressed annoyance.
  • Judge’s Directive: Justice Juan Merchan has urged journalists to exercise restraint and common sense in their reporting, specifically avoiding physical descriptions and employment details that could lead to juror identification.
  • Intimidation Tactics: The Manhattan District Attorney’s Office has highlighted Trump’s continued public comments about the trial, which may violate a gag order. This includes attacks on ex-lawyer-turned-witness Michael Cohen and comments on the jury’s composition.

The trial’s integrity is at stake as the court grapples with ensuring juror safety and maintaining the sanctity of the legal process amidst heightened political scrutiny and media attention.

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