Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

From Slopes to Shadows: The Rise and Fall of Ryan Wedding


Ryan James Wedding’s life reads like a cautionary tale of talent, ambition, and a descent into infamy. Once celebrated as a Canadian Olympian, he is now branded by U.S. authorities as one of the world’s most violent drug traffickers. Here’s a timeline tracing his dramatic transformation:

Early Promise (2002)

  • Wedding represented Canada at the Salt Lake City Winter Olympics, competing in the men’s parallel giant slalom snowboarding event.
  • Seen as a rising star, his athletic career was short-lived, with little public spotlight after the Games.

First Legal Troubles (2000s–2010s)

  • Reports suggest Wedding became entangled in criminal networks during the years following his Olympic appearance.
  • By the early 2010s, he was linked to drug trafficking operations, allegedly building ties with the Sinaloa cartel.

Alleged Cartel Leadership (2015–2020)

  • In 2015, Wedding fled authorities, beginning his life as a fugitive.
  • U.S. investigators accuse him of running a billion-dollar cocaine empire, importing up to 60 metric tons annually into North America.
  • His organization allegedly expanded into fentanyl distribution, amplifying its deadly impact.

Escalation of Violence (2020–2025)

  • Wedding was indicted on charges of murder, money laundering, and conspiracy.
  • Authorities allege he ordered the killing of a federal witness, cementing his reputation as an “extremely violent criminal”.
  • Nicknamed “El Jefe,” “Public Enemy,” and “Giant,” he was compared to Pablo Escobar and Joaquín “El Chapo” Guzmán.

FBI’s Most Wanted (2025)

  • In March 2025, Wedding was officially added to the FBI’s Ten Most Wanted Fugitives list, with a reward raised to $15 million.
  • He is believed to be hiding in Mexico under cartel protection, continuing to evade capture.

Ryan Wedding’s trajectory from Olympic hopeful to alleged cartel boss underscores the stark contrast between athletic glory and criminal notoriety. Once cheered on the slopes, he is now pursued across borders as one of the FBI’s most wanted fugitives.


Labels:

Comments

Post a Comment