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BoC Opens the Door to Rate Hikes: What It Means for Your Mortgage

  Published September 4, 2026 The Bank of Canada held its policy rate at 2.25% on September 2 — the seventh straight hold — but Governor Tiff Macklem didn't sound like a central banker done for the year. He told reporters the Bank is "prepared to raise interest rates, and if it takes more than one increase, we're prepared to do that," if inflation stays too high. That's a real shift in tone, and it lands right as a wave of Canadians hit their mortgage renewal date. Here's what changed, who's forecasting what, and what it actually means for your payment. Why the Bank Suddenly Sounds Hawkish Canada's annual inflation rate has climbed to around 3% — a full point above the Bank's 2% target — and the Bank is pointing squarely at energy prices. Oil has stayed elevated because of the Iran conflict and disruption near the Strait of Hormuz, pushing gas prices up and dragging headline CPI with it. Core inflation, which strips out food and energy, is still s...
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Trump Trial Turmoil: Jury Disruptions Threaten Court Proceedings

 


The criminal trial of former President Donald Trump in New York City has encountered significant disruptions, casting a shadow over the judicial process. Two jurors have been excused from duty after their personal details were inadvertently disclosed, leading to concerns for their safety and impartiality.

  • Juror Concerns: A nurse, known as “juror number two,” expressed fear for her public identification after friends and colleagues recognized her from news reports. Her apprehension about being fair and unbiased led to her dismissal from the trial.
  • Anonymity Compromised: The trial, which features an anonymous jury to protect against political tensions, has been compromised by detailed media reports. This has resulted in the identification of jurors, including a Puerto Rican IT consultant, “juror number four,” who also expressed annoyance.
  • Judge’s Directive: Justice Juan Merchan has urged journalists to exercise restraint and common sense in their reporting, specifically avoiding physical descriptions and employment details that could lead to juror identification.
  • Intimidation Tactics: The Manhattan District Attorney’s Office has highlighted Trump’s continued public comments about the trial, which may violate a gag order. This includes attacks on ex-lawyer-turned-witness Michael Cohen and comments on the jury’s composition.

The trial’s integrity is at stake as the court grapples with ensuring juror safety and maintaining the sanctity of the legal process amidst heightened political scrutiny and media attention.

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