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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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Neil Young Slams Trump in Fiery Protest Anthem “Big Crime”

    

                                            Neil Young and U.S. President Donald Trump.

Legendary Canadian-American rocker Neil Young has reignited his long-running feud with Donald Trump, debuting a blistering new protest song titled Big Crime during a Chicago concert with his band, The Chrome Hearts. The track takes direct aim at the Trump administration’s recent federal takeover of Washington, D.C.’s policing, a move that saw National Guard troops and federal agents deployed to the streets.

In the chorus, Young pointedly sings, “There’s big crime in D.C. at the White House”, alongside lines rejecting “fascist rules” and “fascist schools.” He also flips Trump’s famous campaign slogan with the refrain, “No more great again”.

The song’s release follows years of public clashes between Young and Trump, including disputes over the unauthorized use of Young’s music at campaign rallies and repeated criticisms of the former president’s policies. Young posted the full lyrics and a soundcheck recording on his Neil Young Archives site, ensuring the message reached far beyond the Chicago crowd.

Big Crime joins a long list of politically charged songs in Young’s career, from his Vietnam-era anthem Ohio to recent tracks targeting billionaires and authoritarianism. Judging by the reception, this latest entry shows the 79-year-old artist has no intention of softening his voice against power.



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