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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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Greene’s Exit Marks MAGA Rift Amid Trump Fallout

                        US Representative Marjorie Taylor Greene said she refused to be a “battered wife”

Marjorie Taylor Greene, a prominent figure in the MAGA movement, is reportedly preparing to resign from Congress following a dramatic split with Donald Trump. Once considered one of Trump’s most loyal allies, Greene’s departure underscores growing fractures within the Republican Party’s far-right wing.

The Georgia congresswoman rose to national prominence by championing Trump’s agenda and embracing controversial rhetoric that energized his base. However, insiders suggest that recent disagreements with Trump over strategy and leadership have left Greene politically isolated.

Her resignation, if confirmed, would mark a significant turning point for the MAGA faction, raising questions about its future cohesion and influence in the GOP. Analysts note that Greene’s exit could embolden rivals within the party while weakening Trump’s grip on his most fervent supporters.


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