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Lock In or Wait? Why Two Big Banks Say Rates Are Going Up in October

  Published September 2, 2026 The Bank of Canada did exactly what all 35 economists in Reuters' latest poll expected today: it held its overnight rate at 2.25% for a sixth straight decision, keeping the prime rate at 4.45%. Bond markets had priced in barely a 3% chance of anything else. What's not settled is what happens next — and on that question, Canada's biggest banks are more split than they've been all year. Four of the Big Six expect the Bank to sit tight through the end of 2026. Two expect it to start hiking as soon as October. If you're renewing a mortgage in the next few months, that gap isn't academic — it's the difference between locking in now and gambling on a rate cycle turning against you. The Split, Bank by Bank Here's where the six largest banks stand on where the overnight rate lands by the end of 2026: Bank Year-end 2026 call Stance BMO 2.25% (hold) Hold camp CIBC 2.25% (hold) Hold camp RBC 2.25% (hold) Hold camp TD 2.25% (hold) Hold...

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How Eating More Red Meat Can Raise Your Diabetes Risk: A New Study Explains

 

A new study has found that consuming more red meat may increase the likelihood of developing type 2 diabetes, a chronic condition that affects how the body metabolizes glucose.

The researchers analyzed data from more than 200,000 participants in three large cohort studies: the Health Professionals Follow-up Study, the Nurses' Health Study, and the Nurses' Health Study II. They followed them for an average of 16 years and recorded their dietary habits every four years.

They found that increasing red meat intake by more than half a serving per day over a four-year period was associated with a 10% higher risk of type 2 diabetes in the subsequent four years. Conversely, reducing red meat intake by more than half a serving per day over four years was linked to a 14% lower risk in the next four years.

The association was stronger for processed red meat, such as bacon, sausage, and hot dogs, than for unprocessed red meat, such as beef, pork, and lamb. The researchers estimated that substituting one serving of red meat per day with other protein sources, such as nuts, legumes, whole grains, or low-fat dairy, could lower the risk of type 2 diabetes by up to 23%.

The study was published in the journal Diabetes Care and was led by Dr. Qi Sun, an assistant professor in the Department of Nutrition at Harvard T.H. Chan School of Public Health. He explained that red meat may increase the risk of type 2 diabetes by affecting insulin resistance, inflammation, and fat accumulation in the liver.

"Red meat consumption has been consistently linked to an increased risk of type 2 diabetes and cardiovascular disease," he said. "Our study suggests that reducing red meat intake and replacing it with healthy plant-based foods can help prevent and manage this common and debilitating disease."

The study adds to the growing body of evidence that supports the benefits of a plant-based diet for preventing and treating type 2 diabetes. The authors recommend that people limit their red meat intake to no more than two servings per week and opt for leaner cuts and healthier cooking methods, such as baking or grilling instead of frying or charbroiling.

They also advise people to eat more fruits, vegetables, whole grains, nuts, seeds, legumes, and low-fat dairy products, which can provide essential nutrients and fiber and help regulate blood sugar levels.

"Type 2 diabetes is a major public health problem that affects millions of people worldwide," Dr. Sun said. "By making simple dietary changes, we can reduce the burden of this disease and improve the quality of life for many people."

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