Skip to main content

Featured

Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC

  Canadian Money Brief  |  November 11, 2026 Bank of Canada Says More Rate Hikes Could Be Coming: What It Means for Your Mortgage and HELOC By the MoneySavings.ca team  •  6 min read The Bank of Canada raised its key rate on October 28, the first increase since 2023. Yesterday it signalled it may not be done. The summary of deliberations, released Tuesday, says Governing Council agreed there could be a need to raise the policy rate further, while taking decisions one meeting at a time. If you carry a variable-rate mortgage or a home equity line of credit (HELOC), that is a headline worth a few minutes. Here is what the Bank said, what another hike would cost, and what you can do before the next decision on December 9 . 2.50% Policy rate since Oct 28 4.70% Big-bank prime since Oct 29 3.5% BoC CPI forecast, end of 2026 Dec 9 Next rate decision What the Bank actually said The core of the story is energy. The Bank notes that the war in the Middle East is in its eig...
Post a Comment
Read more

article

Labels

Anxiety and Dismay Inside the Justice Department After Trump Taps Gaetz as Attorney General

 

President-elect Donald Trump's decision to nominate Congressman Matt Gaetz as Attorney General has sent shockwaves through the Justice Department. Gaetz, known for his staunch loyalty to Trump and his controversial past, including a federal sex trafficking investigation, has raised significant concerns among career lawyers and officials within the department.

Many Justice Department employees are worried about the future of the agency under Gaetz's leadership, given his lack of experience in law enforcement and his outspoken criticism of the department. Gaetz has previously called the Justice Department "corrupt and highly political" and has suggested abolishing agencies like the FBI and the Bureau of Alcohol, Tobacco, Firearms and Explosives.

Trump's choice of Gaetz is seen as a move to "shake the whole thing and throw a grenade into DOJ," according to former U.S. Attorney John Fishwick Jr. The nomination has left many within the department stunned and outraged, with some already considering looking for new jobs.

As Gaetz prepares to take on this new role, the Justice Department faces a period of uncertainty and potential upheaval, reflecting the broader political and legal challenges that lie ahead for the Trump administration.

Labels:

Comments

Post a Comment