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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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Elon Musk Abruptly Cancels “The Don Lemon Show” on X: A Clash of Titans

 

Elon Musk, the enigmatic billionaire and tech visionary, has once again made headlines. This time, it’s not about electric cars, rockets, or cryptocurrency. It’s about a talk show – specifically, “The Don Lemon Show” on his social media network, X.

The drama unfolded after former CNN anchor Don Lemon recorded an interview with Musk for the show’s as-yet unaired first episode. The anticipation was high – what would Musk reveal? What insights would he share? But just hours after the interview, Musk pulled the plug on the entire show.

Lemon, in a video posted on X, declared, “Elon Musk is mad at me.” The specifics of Musk’s alleged unhappiness remain shrouded in mystery. Throughout their conversation, Lemon emphasized the importance of transparency and open dialogue. But it seems that Musk’s commitment to “free speech absolutism” didn’t extend to questions about him.

In a later CNN discussion, Lemon played clips from the interview. Musk grew testy when asked about content moderation and the spread of hate speech on X. Lemon probed, asking if Musk believed his platform had any responsibility to curb hate speech. Musk’s sharp response? He doesn’t have to answer questions from reporters.

One topic that sparked tension was the “great replacement theory.” This racist belief falsely contends that Jews are orchestrating a plot to diminish the influence of white people in the U.S. Musk’s refusal to engage in dialogue on this issue left Lemon baffled.

So, what’s next? Lemon plans to air the interview with Musk on YouTube and via podcast. Despite the abrupt cancellation, he believes people should see and hear their exchange. Perhaps Musk’s decision will fuel even more curiosity about what transpired during that fateful interview.

As for “The Don Lemon Show,” it won’t grace X’s screens. The show, once eagerly anticipated, now remains a tantalizing what-could-have-been. Musk’s X, formerly known as Twitter, cited “careful consideration” in its decision not to partner with the show commercially. However, Lemon is undeterred. He’ll continue sharing his content on X – without censorship – because, as he puts it, “we believe in providing a platform for creators to scale their work and connect with new communities.”

In the clash of titans between Musk and Lemon, one thing is clear: the battle for free speech and open dialogue rages on.

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