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The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...
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TFI International Plans U.S. Move Amid Trade War Concerns

In a significant move, Canadian trucking and logistics giant TFI International Inc. has announced its intention to relocate its headquarters to the United States. This decision comes as the company faces increasing pressure from a potential trade war between Canada and the U.S.

TFI International, which has been trading on the New York Stock Exchange since February 2020, cited that approximately 70% of its operations and a significant portion of its shareholders are based in the U.S. This shift aims to align the company's legal domicile with its operational and shareholder base.

The announcement has sparked criticism from one of TFI's largest shareholders, the Caisse de Depot et Placement du Quebec (CDPQ), a public pension manager. CDPQ expressed its dissatisfaction with the decision, emphasizing its commitment to Quebec's economic development.

TFI International has been known for its aggressive acquisition strategy, having acquired 137 companies in the U.S., Canada, and Mexico since 2008. Notable acquisitions include Texas-based Daseke Inc. for $1.1 billion in 2024 and UPS Freight for $800 million in 2021.

As the company prepares for this significant transition, it remains to be seen how the move will impact its operations and shareholder relations in the long term.



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