Skip to main content

Featured

The Fed Decides Wednesday — Here's What It Means for Your Mortgage, the Loonie, and Your RRSP

  Monday, July 27, 2026 The U.S. Federal Reserve hands down its rate decision at 2 p.m. ET on July 29. For most Canadians it will feel like background noise. It isn't — here's the plain-language version of why it touches your mortgage, your cross-border spending, and whatever's sitting in your RRSP. The short version: Markets are pricing roughly a two-in-three chance the Fed holds its rate at 3.50%–3.75% on Wednesday. That's not the story. The story is that this is one of the least certain "sure thing" holds in years — and Chair Kevin Warsh's press conference at 2:30 p.m. ET could matter more than the decision itself. Why this meeting is different The Fed has held its benchmark rate steady at 3.50%–3.75% through every meeting so far in 2026. On paper, Wednesday should be more of the same. Under the hood, it's messier. Persistent inflation, running well above the Fed's 2% target for a fifth straight year, has kept a rate hike on the table. The oil-...
Post a Comment
Read more

article

Labels

Canada and India Reset Ties with Ambitious Roadmap for Cooperation

Foreign Affairs Minister Anita Anand met with Indian Prime Minister Narendra Modi on Monday to discuss strengthening trade between the countries.

Canada and India have unveiled a fresh roadmap to strengthen bilateral relations, marking a significant step toward rebuilding trust after years of strained ties.

During her official visit to New Delhi, Canadian Foreign Affairs Minister Anita Anand met with Prime Minister Narendra Modi and External Affairs Minister Subrahmanyam Jaishankar. The leaders agreed on a framework aimed at expanding cooperation in key sectors including trade, critical minerals, agriculture, energy, artificial intelligence, and civil nuclear collaboration.

The joint statement emphasized the importance of “calibrated measures to restore stability in the relationship,” highlighting a shared commitment to respect each other’s concerns and sensitivities. Both sides also agreed to resume ministerial-level discussions on trade and investment, reviving negotiations that have stalled multiple times since 2010.

Officials from both countries underscored that strengthening ties is essential in the face of global economic uncertainty and shifting geopolitical dynamics. The roadmap is seen as a chance to not only boost economic opportunities but also reinforce people-to-people connections between the two nations.

This renewed partnership signals a cautious but determined effort by Ottawa and New Delhi to move past recent tensions and chart a more constructive future together.


Labels:

Comments

Post a Comment