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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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Easy Holiday Rum Balls


An easy holiday rum balls recipe for sweet and delicious, rum-soaked cookie balls. Rum balls are the best bite-sized treat for holiday parties and festive gifting!

  • Ingredients:

    • 2 ½ cups Vanilla Wafers (crushed, about 75 wafers)
    • 1 cup Ground Pecans
    • 1 cup Confectioners’ Sugar
    • 2 tablespoons Baking Cocoa (plus 2 teaspoons)
    • ¼ cup Rum
    • 3 tablespoons Honey
    • 2 tablespoons Water
    • Additional Confectioners’ Sugar or Crushed Vanilla Wafers

  • Instructions:

    1. In a large bowl, mix together the crushed vanilla wafers, ground pecans, confectioners’ sugar, and baking cocoa.
    2. In a separate bowl, combine the rum, honey, and water.
    3. Stir the rum mixture into the dry ingredients until well combined.
    4. Shape the mixture into 1-inch balls.
    5. Roll the balls in additional confectioners’ sugar or crushed vanilla wafers.
    6. Store the rum balls in an airtight container.

Enjoy your delicious rum balls!


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