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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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Trump’s Misleading Outrage: The Truth About Barron’s Graduation Ban

Former President Donald Trump recently expressed frustration over the possibility of missing his son Barron’s high school graduation due to his ongoing criminal trial. However, let’s set the record straight on what the judge actually said.

The Situation:

  • Trump’s trial centers around allegations that he paid porn actor Stormy Daniels to keep quiet about their alleged affair before the 2016 election.
  • Judge Juan Merchan received requests from Trump’s attorneys to allow him to skip trial proceedings on May 17, the same day as Barron’s graduation.

What the Judge Really Said:

  • Judge Merchan did not outright deny Trump’s request to attend Barron’s graduation.
  • He stated that it might be possible for Trump to attend the celebration, but it would depend on how the trial progresses.
  • Merchan warned that Trump could face arrest if he misses court or disrupts trial proceedings.

Trump’s Spin:

  • Trump spun the situation into an attack on what he called a “scam” trial against him.
  • His eldest son, Donald Trump Jr., labeled it “pure evil.”
  • Eric Trump criticized Merchan as “truly heartless” for not allowing a father to attend his son’s graduation.

Critics’ Perspective:

  • Critics pointed out that defendants shouldn’t receive special privileges.
  • Trump’s disingenuous spin whipped up anger on the right, even among his other sons, Don Jr. and Eric.

In summary, while Trump’s outrage may have grabbed headlines, the truth is more nuanced. Judge Merchan didn’t outright ban Trump from attending Barron’s graduation; he simply emphasized the importance of court proceedings. The situation remains fluid, and we’ll see how it unfolds as the trial continues.

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