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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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Clues in the Woods: Police Seize Key Items in Search for Missing Siblings Jack and Lilly Sullivan

Four-year-old Jack Sullivan, left, and six-year-old Lilly Sullivan, right, went missing on May 2, 2025, in the community of Lansdowne Station, N.S.

In a haunting case that continues to grip Nova Scotia, newly released court documents have shed light on the intense investigation into the disappearance of six-year-old Lilly Sullivan and her four-year-old brother Jack. The children were reported missing on May 2 from their home in Lansdowne Station, a remote, wooded area in northeastern Nova Scotia.

Among the items seized during the search was a pink blanket believed to belong to Lilly, discovered in the trash near the family’s home. Police also recovered shirts and a water bottle, though the children’s stepfather, Daniel Martell, expressed doubts about whether those items were truly theirs.

The documents reveal that investigators conducted multiple polygraph tests on family members, including the children's parents and step grandmother. While most results indicated truthfulness, the case remains officially non-criminal, with authorities emphasizing that the polygraphs were used to rule out foul play.

Search efforts have been exhaustive, spanning dense forest terrain and involving hundreds of volunteers, drones, and forensic teams. More than 5,000 video files and 700 tips have been reviewed by the RCMP’s Northeast Nova Major Crime Unit.

Despite the scale of the operation, Jack and Lilly remain missing. Their story has sparked a wave of community support, with signs and awareness campaigns spreading across the province. The case has also been added to Nova Scotia’s Major Unsolved Crimes Program, offering a reward of up to $150,000 for information leading to their whereabouts.

As investigators continue to comb through evidence and follow leads, the province holds its breath, hoping for answers—and a safe return.

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