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BoC Decision Day: What a Hold at 2.25% Means for Your Mortgage

  Published September 2, 2026 Tomorrow's date has been sitting at the bottom of every Canadian Money Brief for weeks, and it's finally here. The Bank of Canada announces its overnight rate decision on Wednesday, September 2 at 9:45 a.m. ET, with Governor Tiff Macklem holding a press conference at 10:30. Every economist polled by Reuters — all 35 of them — expects the same outcome: a hold at 2.25%, the eighth straight meeting without a move. That's the headline. The more useful question for your wallet is what a "boring" hold actually does — and doesn't do — to your mortgage, and why two of the Big Six banks think the boring streak is about to end. Why a hold is the almost-certain call The Bank has a genuinely awkward setup heading into this meeting. On one side, the economy just posted its best quarter in years: GDP grew at a 3.3% annualized pace in the second quarter, well ahead of the Bank's own 2.5% forecast, and July's jobs report added a blowout ...
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Thomas Matthew Crooks: What we know about the Trump attacker

 

Thomas Matthew Crooks is the man who shot at former US President Donald Trump during a campaign rally. Here’s what we know about him:

  1. Identity and Background:

    • Crooks, a 20-year-old nursing-home employee from Pittsburgh, Pennsylvania, was identified as the attacker.
    • He allegedly opened fire while Trump was addressing a crowd in Butler, Pennsylvania, leaving one audience member dead and two others critically wounded.
    • Crooks was shot dead at the scene by a Secret Service sniper.
    • Neighbors in his quiet hometown of Bethel Park are in shock, struggling to understand how a seemingly quiet young man could be involved in the shooting.

  2. Education and Political Affiliation:

    • Crooks graduated from Bethel Park High School in 2022, where he received a $500 prize for math and science.
    • State voter records show that he was a registered Republican.
    • He also donated $15 to the liberal campaign group ActBlue in 2021.
    • Crooks had not been carrying ID, so investigators used DNA to identify him.

  3. Weapon and Motive:

    • The weapon used to shoot at Trump was believed to have been purchased by Crooks’ father.
    • Suspicious devices were found in Crooks’ vehicle after the shooting.
    • Investigators are still probing his motive.

The incident shattered the nation’s illusion of security, and authorities continue to investigate the details surrounding the attack.

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