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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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Iran's Supreme Leader Reportedly Escapes Assassination Attempt by Going Into Hiding

In a dramatic turn of events, Israeli intelligence sources claim that Iran's Supreme Leader, Ayatollah Ali Khamenei, narrowly escaped an alleged assassination attempt by seeking refuge in a secure underground location. According to reports circulating through Israeli media, the Iranian leader took precautionary measures after being alerted to a credible threat on his life.

While official Iranian sources have neither confirmed nor denied the reports, the alleged incident has intensified already strained tensions between Tehran and Jerusalem. Israeli officials have not provided detailed evidence, though they assert the warning was based on a high-level intelligence intercept.

Observers note that if confirmed, this would mark an extraordinary moment in Iran’s internal security narrative—potentially signaling instability or heightened factional rivalries within the regime.

As both nations remain locked in a long-standing geopolitical rivalry, this revelation—whether factual or part of a broader psychological campaign—adds another layer to an already volatile regional chessboard.


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