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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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No Trace Left Behind: Kim’s Guards Go to Extreme Lengths in Beijing

                                   After the talks, Kim and Putin left for a tea meeting and bid a warm farewell to each other.

After a high-profile meeting in Beijing between North Korean leader Kim Jong Un and Russian President Vladimir Putin, Kim’s security team was caught on camera performing an extraordinary post-summit ritual — meticulously wiping down every object the leader had touched.

Footage shared by Kremlin reporter Alexander Yunashev showed two aides scrubbing the backrest and armrests of Kim’s chair, cleaning a nearby coffee table, and swiftly removing his drinking glass. Analysts say the practice is part of a long-standing protocol aimed at preventing foreign intelligence agencies from collecting DNA or health-related clues.

The measures didn’t stop there. As on previous trips, Kim reportedly traveled with his own private toilet aboard his signature green armored train — a precaution dating back to his father’s era. Similar scenes have played out before: from disinfecting chairs ahead of summits to removing mattresses after hotel stays.

Experts note that while the optics may seem extreme, such hyper-vigilance underscores Pyongyang’s deep-seated security culture — one that leaves nothing, not even a fingerprint, to chance.


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