Skip to main content

Featured

Fixed vs. Variable Mortgages in Canada: Which Should You Choose Right Now?

  Mortgages | Personal Finance | June 2026 Variable rates sit at 3.30% while fixed rates have climbed above 4%. The Bank of Canada is frozen between inflation and recession. Here's what that means for your mortgage decision today. By MoneySavings.ca Staff  |   June 26, 2026 📊 Today's Best Mortgage Rates — June 26, 2026 Type Term Lowest Rate (Broker) Big Bank Range Variable 5-Year ~3.30% ~3.50–4.00% Fixed (Insured) 5-Year ~4.04% ~4.50–5.20% Fixed (Conventional) 5-Year ~3.94% Higher Bank of Canada Policy Rate 2.25%  |  Prime Rate: 4.45% Sources: NerdWallet Canada, Ratehub.ca, WOWA.ca, bestrates.ca. Rates as of June 26, 2026. Broker rates require qualification; Big Bank rates are estimates. Your actual rate depends on your credit score, down payment, and mortgage type. If you're buying a home, renewing a mortgage, or simply trying to make sense of an unusually complex rate environment, you've arrived at the right question at a complicated moment. The Canadian...

article

Trump Administration Widens Travel Ban to 20 More Nations


The Trump administration has announced a sweeping expansion of U.S. travel restrictions, adding 20 new countries and the Palestinian Authority to the list of nations facing bans or heightened entry limits. This move, unveiled on December 16, 2025, more than doubles the scope of restrictions already in place, bringing the total number of affected countries to over 35.

Key Details of the Expansion

  • Full bans: Citizens from five additional countries, along with individuals traveling on documents issued by the Palestinian Authority, will face a complete prohibition on entering the United States.
  • Partial restrictions: Travelers from 15 other nations will encounter new limitations, including stricter visa requirements and curtailed eligibility for study or work programs.
  • Exemptions: Current U.S. visa holders, lawful permanent residents, diplomats, athletes, and individuals deemed to serve U.S. interests will remain exempt from the new rules.

Administration’s Justification

President Trump stated that the expansion is intended to protect U.S. citizens from foreign nationals who pose risks to national security, public safety, or immigration integrity. Officials linked the decision to recent security incidents, including the arrest of an Afghan national accused of shooting two National Guard troops near the White House.

Impact and Criticism

  • International students: The ban notably affects students from countries such as Nigeria, one of the largest sources of international students in the U.S., raising concerns about the future of academic exchange programs.
  • Global reaction: Critics argue that the policy unfairly isolates the United States and relies on questionable data to justify broad restrictions. Human rights groups warn that the expansion disproportionately affects vulnerable populations seeking refuge or opportunity.
  • Domestic debate: Supporters of the policy view it as a necessary safeguard against terrorism and illegal immigration, while opponents see it as discriminatory and damaging to America’s global reputation.

Conclusion

The expanded travel ban marks one of the most significant escalations in U.S. immigration policy under President Trump, reinforcing his administration’s hardline stance on border security. With the new rules set to take effect on January 1, 2026, the decision is expected to spark continued debate both domestically and internationally.


Comments