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Big Six Banks Raise Fixed Mortgage Rates: What Your Renewal Costs Now

  Canadian Money Brief • Mortgages Updated Saturday, October 17, 2026 If your mortgage term ends this winter, the rate you saw advertised in August is probably gone. All six of Canada’s big banks have raised fixed rates since early September, and the Bank of Canada hasn’t touched its policy rate in almost a year. That disconnect catches a lot of homeowners off guard. Your fixed mortgage rate doesn’t follow the Bank of Canada. It follows the bond market. And bond yields have been climbing on oil-driven inflation worries, which means the people feeling it first right now are the ones opening a renewal letter. The numbers at a glance Up to 0.50 pt in fixed-rate increases at the big banks in about five weeks • BoC policy rate still 2.25% • Big bank prime still 4.45% • About $110 a month more on a $400,000 balance from a half-point jump How far have the big banks moved? Depending on the term, some big bank fixed rates are up by as much as half a percentage point in roughly five week...
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Measles Resurgence: How Long Vaccines Last and How to Keep Your Family Safe

Measles, one of the most contagious diseases, is making a troubling comeback in Canada, with outbreaks spreading across Ontario and Alberta. The virus, which can linger in the air for hours, poses a serious risk to unvaccinated individuals, especially young children and those with weakened immune systems.

How Long Does the Measles Vaccine Last?

The measles, mumps, and rubella (MMR) vaccine provides long-lasting immunity. According to health experts, two doses of the vaccine offer 97% protection against measles, and immunity is generally lifelong. However, vaccination rates have declined in some regions, increasing the risk of outbreaks.

How to Protect Your Family

The best defense against measles is vaccination. Health officials recommend that children receive their first dose at 12 to 15 months and a second dose at 18 months or before starting school. If you're unsure about your vaccination status, consult your healthcare provider to check your records.

Beyond vaccination, practicing good hygiene and avoiding contact with infected individuals can help reduce the risk of transmission. If symptoms such as fever, cough, and a red, blotchy rash appear, seek medical attention immediately.

With measles cases rising, staying informed and ensuring your family is fully vaccinated is crucial in preventing further spread. Public health experts continue to urge communities to step up immunization efforts to curb the outbreak.

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