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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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Global Cities Tighten Security for Hanukkah After Sydney Attack


In the wake of the deadly mass shooting at a Hanukkah celebration on Sydney’s Bondi Beach, cities across the world are stepping up security measures to protect Jewish communities during the holiday. The attack, described by Australian officials as an act of antisemitic terrorism, left multiple people dead and dozens wounded, sending shockwaves through Jewish communities worldwide.

Authorities in New York, Los Angeles, London, Berlin, Dublin, and Warsaw have announced increased police presence at synagogues, menorah lightings, and public Hanukkah events. In New York City, the NYPD confirmed that while there is no direct threat locally, additional officers are being deployed “out of an abundance of caution.” London police similarly pledged heightened patrols, while Berlin intensified security around the Brandenburg Gate, where a large menorah lighting ceremony was held.

In Ireland, Gardaí have increased patrols at Jewish community centers and events, with senior officials meeting religious leaders to provide reassurance. Similar measures are being taken across Europe, where Jewish organizations have called for vigilance and solidarity.

The Bondi Beach attack occurred during a festive gathering known as “Chanukah by the Sea,” attended by hundreds. Witnesses reported two gunmen opening fire on the crowd before police intervened. One suspect was killed, while another remains in custody in critical condition.

Jewish leaders worldwide have condemned the attack, urging communities to remain resilient. Public menorah lightings and celebrations are continuing, but under tightened security and renewed calls for unity against antisemitic violence.

This tragedy has underscored the vulnerability of religious gatherings and the importance of global cooperation in combating hate-driven extremism. As Hanukkah unfolds, cities are balancing the spirit of joy and resilience with the need for vigilance and protection.






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