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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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Marineland’s Whales Face Uncertain Future as Park Pleads for Federal Aid



Marineland, the embattled tourist attraction in Niagara Falls, Ontario, has issued an urgent appeal to the federal government for emergency funding to feed and care for its remaining whales. Without immediate support, the park warns, euthanasia may be the only option left.

The plea follows Ottawa’s recent decision to deny Marineland’s request to export 30 beluga whales to Chimelong Ocean Kingdom in China. Fisheries Minister Joanne Thompson said the move was consistent with Canada’s 2019 legislation banning the captivity and breeding of whales and dolphins for entertainment purposes.

Marineland, which has been up for sale since early 2023, says it is fully indebted and rapidly running out of resources. The park has asked for operating funds to sustain the animals until a suitable relocation can be arranged. However, no sanctuary or facility currently meets the conditions set by the federal government.

Since 2019, 20 whales — including one orca and 19 belugas — have died at the park, raising further concerns about animal welfare. Marineland insists it is trying to avoid euthanasia but stresses that without government intervention, the future of its whales remains grim.


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