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The Mortgage Renewal Wave Just Peaked — Here's What the Data Actually Shows

Published August 30, 2026 For three years, "the mortgage renewal wall" has been the scariest phrase in Canadian personal finance — the idea that a flood of ultra-cheap, pandemic-era mortgages would come due at much higher rates and trigger a wave of forced sales. That wall is now mostly behind us. Two new 2026 surveys, one from Royal LePage and one from Rates.ca, show what actually happened when it hit. The short version: it hurt, budgets tightened hard for a lot of people, but the mass default many feared simply didn't show up. The last big group is renewing right now Royal LePage's 2026 Mortgage Renewal Survey, released August 19 and based on a Leger poll of 1,127 Canadians renewing this year, pins down where things stand: about 12% of all outstanding Canadian mortgages are five-year, fixed-payment loans taken out during the 2020–2022 ultra-low-rate window, and this is their last major renewal wave. The Bank of Canada's overnight rate sat at just 0.25% through m...
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Trump’s Contentious Q&A with Black Journalists Sparks Outrage on Social Media

 

Former President Donald Trump found himself at the center of a heated controversy following a contentious Q&A session at the National Association of Black Journalists (NABJ) convention in 2024. The event, intended to foster dialogue between Trump and Black journalists, quickly devolved into a tense exchange that left many attendees and viewers outraged.

The session began with Trump addressing the crowd, but it soon turned confrontational as reporters pressed him on various issues. One of the most contentious moments arose when Trump was questioned about his past comments on Vice President Kamala Harris's racial identity. His responses, seen by many as dismissive and offensive, only fueled the tension in the room.

Reporters also challenged Trump on his stance on immigration and job creation, particularly in Black communities. His responses were perceived as evasive and insensitive, further aggravating the situation. The atmosphere grew increasingly charged, with voices raised and tempers flaring.

Social media platforms quickly became a hotbed of reactions, with many users expressing their anger and frustration over Trump's handling of the questions. Hashtags related to the event trended as people shared clips and comments from the session. Critics accused Trump of being out of touch and disrespectful, while his supporters defended his performance, arguing that he was being unfairly targeted.

Prominent figures in journalism and politics weighed in on the incident. Some praised the journalists for holding Trump accountable, while others lamented the lack of productive dialogue. The incident has sparked a broader conversation about race, media, and political discourse in the current climate.

As the dust settles, the fallout from Trump's Q&A disaster at the NABJ convention is likely to continue, serving as a stark reminder of the deep divisions and heightened emotions that characterize the current political landscape.

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