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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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Trump Tightens Grip on GOP Election Playbook

 U.S. President Donald Trump salutes during a Veterans Day ceremony at Arlington National Cemetery in Virginia. 


Former President Donald Trump has moved decisively to assert control over Republican election strategy as the 2026 campaign season intensifies. Party insiders say Trump’s influence now extends beyond candidate endorsements to the very mechanics of how Republicans plan to mobilize voters, allocate resources, and frame their messaging.

At the heart of this shift is Trump’s insistence on loyalty and alignment with his agenda, which has reshaped the priorities of the Republican National Committee. Strategists note that Trump’s direct involvement could unify the party’s base but also risks alienating moderates who remain wary of his polarizing style.

Republican operatives are recalibrating their ground game to reflect Trump’s priorities, focusing heavily on battleground states and issues that resonate with his supporters. With his presidency on the line, Trump’s takeover of the GOP’s election machinery underscores both his dominance within the party and the high stakes of the upcoming contests.


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