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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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Boos, Delays, and Drama: Trump’s US Open Appearance Sparks Uproar

                                     US president Donald Trump faced a hostile welcome during US Open final.

The 2025 US Open men’s final between Carlos Alcaraz and Jannik Sinner was supposed to be all about tennis — but President Donald Trump’s arrival turned it into a spectacle before the first serve was even struck.

Invited by tournament sponsor Rolex, Trump made his first US Open appearance in a decade, walking into Arthur Ashe Stadium to a mix of cheers and loud boos. His presence triggered heightened security measures that delayed the match by over 30 minutes, leaving long lines of frustrated fans outside. Some attendees reported waiting more than an hour to get in, missing the start of the final entirely.

Despite a reported request from the United States Tennis Association for broadcasters to avoid showing crowd reactions, footage quickly spread online capturing the jeers as Trump appeared on the Jumbotron during the national anthem — and again later in the match. Social media lit up with clips and commentary, with many users celebrating the crowd’s response while others criticized the disruption his visit caused.

For Trump, who has faced similar receptions at past sporting events, the moment was another reminder that in his native New York, the court of public opinion can be just as charged as the one hosting the match.


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