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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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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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