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BoC Decision Day: What a Hold at 2.25% Means for Your Mortgage

  Published September 2, 2026 Tomorrow's date has been sitting at the bottom of every Canadian Money Brief for weeks, and it's finally here. The Bank of Canada announces its overnight rate decision on Wednesday, September 2 at 9:45 a.m. ET, with Governor Tiff Macklem holding a press conference at 10:30. Every economist polled by Reuters — all 35 of them — expects the same outcome: a hold at 2.25%, the eighth straight meeting without a move. That's the headline. The more useful question for your wallet is what a "boring" hold actually does — and doesn't do — to your mortgage, and why two of the Big Six banks think the boring streak is about to end. Why a hold is the almost-certain call The Bank has a genuinely awkward setup heading into this meeting. On one side, the economy just posted its best quarter in years: GDP grew at a 3.3% annualized pace in the second quarter, well ahead of the Bank's own 2.5% forecast, and July's jobs report added a blowout ...
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Prince Harry Wins 'Monumental' Legal Battle Against Murdoch's Sun

 


In a landmark victory, Prince Harry has won a significant legal battle against Rupert Murdoch's UK newspaper group, News Group Newspapers (NGN). The publisher admitted to unlawful actions at its Sun tabloid and issued a rare, full apology to the Duke of Sussex.

Harry, 40, had been suing NGN for illegally obtaining private information about him from 1996 until 2011. The settlement includes substantial damages and an admission of intrusion into the private lives of both Harry and his late mother, Princess Diana.

"This victory is not just about me, it's about holding those who abuse their power to account," Harry said in a statement. "The truth has finally been acknowledged, and justice has been served."

The apology from NGN marks a significant moment in the ongoing battle against unlawful media practices. Harry's lawyer, David Sherborne, emphasized that this case was about accountability and truth, rather than monetary compensation.

The settlement comes after last-minute talks, averting a trial that was set to begin earlier this week. Harry's co-claimant, former senior British lawmaker Tom Watson, also received an apology and damages.

Harry's mission to expose and rectify the wrongdoings of the British tabloids has resulted in a historic win, setting a precedent for future cases involving media misconduct.



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