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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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Biden and Trump Debate: Age and Fitness in the Spotlight

 

In a highly anticipated first debate, President Joe Biden and former President Donald Trump sparred over key issues, with age and fitness emerging as focal points of the discourse. The debate, marked by sharp exchanges and intense scrutiny, provided a platform for both candidates to address concerns about their physical and mental capacities to lead the nation.

President Biden, at 81, faced questions regarding his stamina and ability to handle the rigors of the presidency. He countered these concerns by highlighting his recent legislative achievements and robust campaign schedule, aiming to demonstrate his vitality and readiness for another term. "My record speaks for itself," Biden asserted, emphasizing his experience and accomplishments in office.

Former President Trump, aged 78, also faced scrutiny regarding his fitness. Known for his energetic campaign style, Trump sought to project an image of vigor and resilience. He pointed to his swift recovery from COVID-19 and his continued active engagement in political and social events as evidence of his health and capacity to serve.

The debate delved into various policy issues, but the candidates' ages and fitness levels remained a persistent undercurrent. Both candidates aimed to reassure voters of their ability to lead effectively despite their advanced years. The evening underscored the increasing relevance of health and fitness in political leadership, particularly as the nation grapples with significant challenges both domestically and globally.

As the campaign progresses, the focus on age and fitness is likely to continue, with voters keenly evaluating the candidates' capabilities to manage the demands of the presidency. The debate has set the stage for a rigorous campaign season, with both Biden and Trump striving to prove their readiness to govern in these pivotal times.

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