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The Fed Just Hiked Rates. Here's What It Means for Your Canadian Mortgage.

  The U.S. Federal Reserve raised its benchmark rate 25 basis points yesterday — the first hike in three years. The Bank of Canada hasn't moved. That gap is now the biggest story in Canadian personal finance. MoneySavings.ca  |  September 17, 2026  |  Canadian Money Brief Yesterday afternoon, the Federal Open Market Committee voted 12-0 to raise the U.S. federal funds rate by a quarter point, pushing it to a target range of 3.75%–4.00%. It's the Fed's first rate hike since July 2023, and Chair Kevin Warsh made clear it almost certainly won't be the last. The Bank of Canada, by contrast, has held its overnight rate at 2.25% through seven straight meetings. It doesn't decide again until October 28. For Canadians with a mortgage, a renewal coming up, or a home equity line of credit, this matters more than it might look at first glance. 3.75–4.00% New U.S. Fed Rate 2.25% Bank of Canada Rate 1.625% Rate Gap (vs. 1.375% yesterday) ~71.5¢ Loonie (post-hike low) What th...
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Zelensky Stands Firm Amid Rising Tensions with Trump and Kyiv Protests

Ukrainian President Volodymyr Zelensky finds himself navigating a challenging diplomatic landscape as tensions with U.S. President Donald Trump escalate. The friction stems from a recent heated exchange at the White House, where Trump accused Zelensky of being ungrateful for U.S. aid and dismissed him as "disrespectful." This confrontation has left many Ukrainians both angered and proud of their leader's resolve.

Meanwhile, in Kyiv, citizens have taken to the streets to demand the release of Ukrainian prisoners of war held by Russia. These demonstrations underscore the nation's ongoing struggle against Russian aggression and the emotional toll of the conflict. Protesters also expressed frustration with Trump's recent remarks, which they view as undermining Ukraine's fight for sovereignty.

Despite the diplomatic strain, Zelensky's steadfastness has rallied support from both domestic and international allies. Many Ukrainians see his refusal to yield to external pressures as a testament to his commitment to the nation's independence.


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