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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
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Summer Vacation Tips: Embrace Nature, Plan Responsibly, and Travel Safely



This summer, as Canadians gear up for a much-awaited escape, vacationers are urged to prioritize outdoor activities and explore the beauty of their own country. With the domestic travel industry thriving, there's an abundance of stunning destinations to choose from, from the breathtaking national parks to picturesque coastal getaways. 


Camping trips, hiking adventures, and water-based activities are becoming increasingly popular options, allowing travelers to embrace nature and practice social distancing effortlessly. For those considering international travel, staying updated on the latest travel guidelines and vaccination requirements is crucial. 


Travelers are advised to book accommodations and activities well in advance to secure the best deals and availability. Additionally, while traveling responsibly and respecting local communities and wildlife, this summer's vacationers are encouraged to opt for sustainable and eco-conscious choices, contributing to the preservation of natural environments for generations to come. By adhering to these vacation tips, Canadians can make the most of their summer holidays while ensuring safety, enjoyment, and environmental stewardship.











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