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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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Canadians Urged to Get Vaccinated Against Measles as Cases Rise

Canada’s Chief Public Health Officer, Dr. Theresa Tam, has issued a strong warning about the rising number of measles cases in Ontario and Quebec. With a growing number of infections acquired locally, Dr. Tam emphasized the importance of vaccination to prevent the spread of this highly contagious disease.

Recent data shows that the majority of measles cases are among unvaccinated individuals, including many children and infants under one year old. Dr. Tam highlighted that measles can spread very quickly, and 90% of unvaccinated people who are exposed to the virus will likely become infected.

"Vaccination is the most effective way to protect yourself and others from measles," Dr. Tam stated. "It's crucial for everyone to ensure they are fully vaccinated according to their local routine vaccination schedules."

The recent outbreaks have been linked to a decline in measles vaccination coverage, which saw a drop during and after the COVID-19 pandemic. Health officials are urging parents and caregivers to check their children's vaccination records and get any missed doses as soon as possible.

Measles is an airborne disease that can lead to serious health complications, including respiratory failure, swelling of the brain (encephalitis), and even death in rare cases. Dr. Tam stressed that high vaccination rates are essential to prevent outbreaks and protect public health.

For more information on measles vaccination and schedules, please contact your healthcare provider or local public health department.




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