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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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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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