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Big Six Banks Raise Fixed Mortgage Rates: What Your Renewal Costs Now

  Canadian Money Brief • Mortgages Updated Saturday, October 17, 2026 If your mortgage term ends this winter, the rate you saw advertised in August is probably gone. All six of Canada’s big banks have raised fixed rates since early September, and the Bank of Canada hasn’t touched its policy rate in almost a year. That disconnect catches a lot of homeowners off guard. Your fixed mortgage rate doesn’t follow the Bank of Canada. It follows the bond market. And bond yields have been climbing on oil-driven inflation worries, which means the people feeling it first right now are the ones opening a renewal letter. The numbers at a glance Up to 0.50 pt in fixed-rate increases at the big banks in about five weeks • BoC policy rate still 2.25% • Big bank prime still 4.45% • About $110 a month more on a $400,000 balance from a half-point jump How far have the big banks moved? Depending on the term, some big bank fixed rates are up by as much as half a percentage point in roughly five week...
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Robotic Guardians: Why Robot Dogs Patrol Mar-A-Lago

 

In a bid to enhance security at Mar-a-Lago, the US Secret Service has deployed robotic dogs named “Spot,” developed by Boston Dynamics. These high-tech canines are part of a broader strategy to safeguard President-elect Donald Trump, especially after recent assassination attempts.

Advanced Surveillance and Security

Spot is equipped with advanced sensors and surveillance technology, allowing it to patrol large areas more efficiently than human guards. These robotic dogs can navigate complex environments, climb stairs, and even open doors, making them versatile tools for security operations.

Public Reaction

While some find the robotic dogs fascinating, others view them as unsettling. Videos of Spot patrolling Mar-a-Lago have gone viral, sparking a mix of admiration and concern. Despite their appearance, these robots are not meant to be approached or petted, as indicated by the “DO NOT PET” signs on their legs.

A Growing Trend

The use of robotic dogs is not limited to Mar-a-Lago. Law enforcement and military agencies worldwide are increasingly adopting this technology for various applications, from bomb disposal to reconnaissance. As technology advances, we can expect to see more robotic guardians in public and private security roles.


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