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Lock In or Wait? Why Two Big Banks Say Rates Are Going Up in October

  Published September 2, 2026 The Bank of Canada did exactly what all 35 economists in Reuters' latest poll expected today: it held its overnight rate at 2.25% for a sixth straight decision, keeping the prime rate at 4.45%. Bond markets had priced in barely a 3% chance of anything else. What's not settled is what happens next — and on that question, Canada's biggest banks are more split than they've been all year. Four of the Big Six expect the Bank to sit tight through the end of 2026. Two expect it to start hiking as soon as October. If you're renewing a mortgage in the next few months, that gap isn't academic — it's the difference between locking in now and gambling on a rate cycle turning against you. The Split, Bank by Bank Here's where the six largest banks stand on where the overnight rate lands by the end of 2026: Bank Year-end 2026 call Stance BMO 2.25% (hold) Hold camp CIBC 2.25% (hold) Hold camp RBC 2.25% (hold) Hold camp TD 2.25% (hold) Hold...
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Israel on High Alert: Increased Threat from Syria Despite Rebel Leaders' Moderate Tone


Despite the moderate tone adopted by the new Syrian rebel leaders, Israel continues to perceive an increased threat from Syria. Israeli Defence Minister Israel Katz emphasized that the immediate risks to the country have not diminished, and recent developments in Syria have only heightened the threat.

Ahmad al-Sharaa, the de facto leader of Syria and head of the Islamist Hayat Tahrir al-Sham (HTS) group, stated that Israel was using false pretexts to justify its attacks on Syria. However, he also expressed a desire to avoid new conflicts, focusing instead on rebuilding the war-torn nation.

In response to the perceived threats, Israel has moved into a demilitarized zone inside Syria, including the Syrian side of the strategic Mount Hermon. The Israeli Defence Forces have also conducted numerous strikes on Syria's strategic weapons stockpiles to prevent them from falling into the hands of rebel groups.

Several Arab countries, including Saudi Arabia, the UAE, and Jordan, have condemned Israel's actions, calling for diplomatic solutions to ensure regional stability.

As Syria focuses on reconstruction and stability, Israel remains vigilant, maintaining its military presence in the region to safeguard its borders.


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