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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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Qatar to Make Major Investments in Canada

 

Carney says Qatar will make 'significant' investments in Canada's major projects.


A New Wave of Global Capital Flows Into Canadian Projects

Prime Minister Mark Carney announced that Qatar is preparing to make significant investments in several of Canada’s major national projects, marking a notable deepening of economic ties between the two countries.

Speaking during his visit to Doha, Carney described the agreement as a strategic partnership that will help accelerate infrastructure development, support energy-sector growth, and create new employment opportunities across Canada. The investment is expected to target large-scale, long-term projects that align with Canada’s national priorities.

Beyond financial commitments, both governments signaled their intention to strengthen cultural and economic cooperation. Plans to expand direct air travel between Canada and Qatar were highlighted as a key step toward boosting tourism, business travel, and broader people‑to‑people connections.

Carney framed the partnership as part of Canada’s broader effort to diversify its global economic relationships and attract stable, long‑term investment from international partners.


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