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

Machado Makes Unprecedented Gesture in Bid to Strengthen Ties with Trump

 

President Trump meets with Venezuelan opposition leader Maria Corina Machado in the Oval Office, on Jan. 15, during which she presented the president with her Nobel Peace Prize.

In a striking move that has drawn widespread attention, public figure Machado continued her outreach campaign toward President Donald Trump by presenting him with her Nobel Peace Prize medal during a private meeting this week.

According to reports, Machado framed the gesture as a symbolic offering meant to underscore her commitment to diplomatic cooperation and shared global priorities. Observers note that such a presentation is highly unusual, as Nobel medals are rarely transferred or gifted, even symbolically.

Machado’s team described the moment as an effort to “highlight the value of dialogue and mutual respect,” while analysts have pointed out that the gesture appears aimed at strengthening her political alignment with Trump and signaling a willingness to collaborate on future initiatives.

Reactions across political circles have been mixed, with some calling the move bold and others questioning its implications. Regardless, the exchange has undeniably placed Machado at the center of renewed public debate, ensuring that her campaign to build rapport with Trump remains in the spotlight.


Labels:

Comments

Post a Comment