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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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Pecan Tassies

Pecan Tassies are delightful bite-sized treats that are perfect for any occasion. Here's a classic recipe :

Ingredients:

For the Pastry:

  •  1 cup butter, softened
  •  6 oz cream cheese, softened
  •  2 cups all-purpose flour


For the Filling:

  • 1 ½ cups packed brown sugar
  •  2 tablespoons melted butter
  •  2 large eggs
  •  1 teaspoon vanilla extract
  •  1 ½ cups chopped pecans


Instructions:

1.  Prepare the Pastry:

  •     In a large bowl, cream together the butter and cream cheese until smooth.
  •    Gradually add the flour and mix until a soft dough forms.
  •    Divide the dough into 1-inch balls. Press each ball into the bottom and up the sides of a mini muffin tin to form a cup shape.

2. Make the Filling:

  •    Preheat the oven to 350°F (175°C).
  •  In a medium bowl, mix together the brown sugar, melted butter, eggs, and vanilla until well combined.
  •    Stir in the chopped pecans.

3.  Assemble and Bake:

  •    Fill each pastry cup with about a teaspoon of the pecan filling mixture.
  •    Bake in the preheated oven for about 20-25 minutes, or until the filling is set and the pastry is       lightly browned.
  •    Allow the tassies to cool in the pan for a few minutes before removing them to a wire rack to        cool completely.

Enjoy your delicious Pecan Tassies! 

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