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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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Justice Department Orders Release of Epstein Files Amid Congressional Pressure

 

                                           US Attorney General Pam Bondi 
            


The U.S. Justice Department has announced it will release files related to its investigation into the late financier and convicted sex offender Jeffrey Epstein within the next 30 days. Attorney General Pam Bondi confirmed the move following a nearly unanimous vote in Congress that compelled President Donald Trump’s administration to make the documents public.

The files are expected to shed new light on Epstein’s activities, including his connections to prominent figures such as Trump and other elites prior to his 2008 conviction for soliciting a minor for prostitution. The scandal has remained politically charged, with critics accusing the administration of attempting to obscure details surrounding Epstein’s death in 2019, which was ruled a suicide by New York City’s medical examiner.

Bondi emphasized that the Justice Department would “follow the law and encourage maximum transparency,” though certain sensitive information—such as victim identities or material tied to ongoing investigations—may be withheld. The release comes after months of bipartisan pressure, culminating in the passage of the Epstein Files Transparency Act, which mandates disclosure of all unclassified federal materials tied to Epstein and his associates.

The forthcoming publication is expected to reignite public debate over Epstein’s ties to powerful individuals and the circumstances surrounding his death. For many, the files represent a long-awaited opportunity to uncover hidden details in one of the most controversial scandals of recent decades.

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