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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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Beijing’s Meddling: Canada’s Democracy Faces Unprecedented Threats

 

Canada’s former ambassador to China, Guy Saint-Jacques, has issued a stark warning: Beijing’s interference in Canada’s democracy is more severe than ever. A recent report from the National Security and Intelligence Committee of Parliamentarians (NSICOP) alleges that sitting federal politicians are “witting” participants in foreign interference schemes. Despite these bombshell allegations, the government has yet to reveal their identities, citing intelligence concerns. Saint-Jacques emphasizes the need for a tougher approach, suggesting that evidence-based punishment should be applied where possible. Additionally, the proposed Bill C-70 aims to address foreign interference, but its implementation timeline remains uncertain. As Canada grapples with these challenges, safeguarding democratic processes becomes paramount.


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