Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Meghan Markle Reaches Out to Father Amid Health Crisis

Meghan Markle - whose royal title is the Duchess of Sussex - and her father have been estranged since the run-up to her marriage in 2018 to Prince Harry.

Meghan Markle, Duchess of Sussex, has reportedly attempted to reconnect with her estranged father, Thomas Markle, following news that he underwent a life-saving leg amputation in the Philippines. A spokesperson for Meghan confirmed that she has reached out to her father after learning of his medical emergency.

Thomas Markle, 81, was rushed to hospital earlier this month after suffering a severe blood clot that cut off circulation to his foot. Doctors determined that amputation below the knee was necessary, describing the procedure as a “life or death” decision. He remains in intensive care, with his son, Thomas Markle Jr., stating that the next few days will be critical for his recovery.

Meghan and her father have been estranged since 2018, when he withdrew from attending her royal wedding to Prince Harry due to health issues and controversy surrounding staged paparazzi photos. Since then, communication between the two has been minimal, with their strained relationship often making headlines.

The Duchess’s outreach marks a significant moment in their long-standing rift. While details of the communication remain private, the gesture suggests that Meghan is seeking to bridge the divide during her father’s health crisis.

Observers note that this development could signal a turning point in the Markle family dynamic, which has been marked by years of public tension. Whether this attempt at reconciliation leads to lasting change remains uncertain, but Meghan’s decision to reach out underscores the gravity of her father’s condition and the enduring pull of family ties.


Labels:

Comments

Post a Comment