Skip to main content

Featured

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...

article

Your lookahead horoscope: July 20, 2025

 


IF TODAY IS YOUR BIRTHDAY

The message of the stars on your birthday is that you need to let go of rigid thinking and expand your mind so it can see the hidden patterns and connections that most people overlook. Look for meaning even in the smallest of everyday events.

Aries (March 21 - April 20):

The time has come to deliver on a promise you made earlier in the month. Don’t try to wriggle out of it because that will inevitably damage your reputation. Instead, drop everything else you are doing and make good on it immediately.

Taurus (April 21 - May 21):

You have been spending too much time on your work and not enough time on your home life and with the sun about to change signs that must be put right. Devote yourself 100 per cent to your nearest and dearest over the next few days.

Gemini (May 22 - June 21):

If you feel the need to be outspoken about an issue you think is important then raise your voice and make sure everyone knows your thoughts on the matter. However, once you have finished talking you must then listen to what others have to say.

Cancer (June 22 - July 23):

You don’t have to devote every hour of every day to getting ahead in the world. Cancer may be a cardinal sign and ambitious by nature but it’s not all about personal glory. Your main task now is to be an enabler for other people’s dreams.

Leo (July 24 - Aug. 23):

With mind planet Mercury in its retrograde phase it may be difficult to get a clear view of what needs to be done. But as the sun moves into your sign this week that won’t stop you for even a moment. You still trust your instincts.

Virgo (Aug. 24 - Sept. 23):

By all means withdraw from the world for a bit so you can think through and make sense of the changes that have taken place in your life in recent weeks. Also, let go of grudges and other negative emotions that have been sapping your energy.

Libra (Sept. 24 - Oct. 23):

If you find yourself at odds with the status quo over the next few days that’s actually a good thing as it will remind people that you have a mind of your own. But don’t get carried away and start being anti just for the fun of it.

Scorpio (Oct. 24 - Nov. 22):

You may generally prefer to keep a low profile but if you want to get on in the world you must stand tall this week so important people can see you. You don’t have to put on a show as such but you do have to show your face.

Sagittarius (Nov. 23 - Dec. 21):

The sun’s move into the most adventurous area of your chart this week will encourage you to look further afield for your pleasures. Not only will you have a great deal of fun but you will also discover things about the world you had previously overlooked.

Capricorn (Dec. 22 - Jan. 20):

The sun’s move into one of the more secretive areas of your chart this week will make you reluctant to reveal what you are planning. Drop a hint or two along the way but don’t let others see the bigger picture – that knowledge is for you alone.

Aquarius (Jan. 21 - Feb. 19):

Relationships of all kinds are about to go through some pretty big changes but overall they are sure to improve. Cosmic activity in your opposite sign means your dreams will come true faster if you confide more in partners, loved ones and colleagues.

Pisces (Feb. 20 - Mar. 20):

At some stage over the next few days you will realize that if you want to be successful in your creative endeavours you will need to make radical changes to your methods and routines. Don’t just tinker around the edges, be revolutionary in your approach.

Comments