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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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Khabib Nurmagomedov Removed from Flight: Frontier Airlines Faces Backlash

 

UFC legend Khabib Nurmagomedov was recently removed from a Frontier Airlines flight following a dispute over his seat. The incident, which took place at Harry Reid International Airport in Las Vegas, has sparked significant criticism online, with many calling it a "most embarrassing airline" moment.

In a video that went viral, Nurmagomedov is seen calmly explaining to a flight attendant that he speaks English and is willing to assist in case of an emergency. Despite this, the airline staff insisted he move from his seat in the exit row. When Nurmagomedov refused, he was escorted off the plane.

Nurmagomedov took to social media to share his side of the story, stating that the crew member was "very rude from the very beginning". He also questioned whether the decision was based on racial or national bias. The video and Nurmagomedov's post have garnered widespread support from fans and fellow athletes, who criticized Frontier Airlines for their handling of the situation.

Frontier Airlines has since responded, stating that they are investigating the incident. The airline's reputation has taken a hit as social media users continue to express their disappointment and call for better treatment of passengers.

This incident highlights the importance of respectful and fair treatment of all passengers, regardless of their background or status. As the investigation continues, many are hoping for a resolution that addresses the concerns raised and prevents similar incidents in the future.




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