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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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Netanyahu Vows to Defend Israeli Military Unit Against U.S. Sanctions


Israeli Prime Minister Benjamin Netanyahu has pledged to fight against any sanctions imposed on Israeli military units by the United States. The focus of concern is the Netzah Yehuda battalion, which has been accused of human rights violations in the occupied West Bank. Reports suggest that Washington is considering measures against this battalion for alleged rights violations.

Netanyahu’s statement came in response to Axios news site’s report that the U.S. was planning to impose sanctions on the Netzah Yehuda battalion. The Israeli military, however, maintains that the battalion operates according to international law principles. The situation follows U.S. Secretary of State Antony Blinken’s determination that Israel had violated the Leahy law, which prohibits providing military assistance to units committing gross human rights violations.

As tensions continue in the Middle East, Netanyahu’s commitment to defending the Israeli military unit underscores the complex geopolitical landscape in the region.


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