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BoC Holds at 2.25%: What the Rate Decision (and Rising Gas Prices) Mean for Your Wallet

  Thursday, July 16, 2026 Sixth consecutive hold. A weaker 2026 growth forecast. And inflation that's running hotter because of gas prices, not the usual suspects. Here's what actually changes for you. The Bank of Canada held its overnight rate at 2.25% on Wednesday, exactly as markets expected. No surprise there. What's more interesting is why it held, and what it revealed about where the economy — and your bills — are headed next. This was the sixth straight hold since the Bank finished its easing cycle back in October. But buried in the accompanying Monetary Policy Report were a few numbers worth your attention. The Numbers That Matter Overnight Rate 2.25% (unchanged) Prime Rate (typical) 4.45% 2026 GDP Growth Forecast 0.7% (cut from 1.2%) 2027 / 2028 Growth Forecast 1.8% each year May CPI Inflation 3.2% Inflation Excluding Gasoline 2.2% Unemployment Rate (June) 6.5% Next Rate Decision September 2, 2026 Why Gas Prices Are Driving This Decision Here's the twist in th...

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Why is fast food unhealthy?


Fast food is often nutritionally poor and high in calories. Evidence demonstrates that overeating commercial fast food products can negatively impact health in both the short- and long-term. 

Many fast food establishments now list the number of calories each item contains. However, this is only part of the consideration of whether it is healthy or not. Fast food is typically poor in terms of nutrition.

 According to a 2015 review, fast food tends to contain various substances that are generally unhealthy. It is high in sugar, salt, saturated or trans fats, and many processed preservatives and ingredients. It also lacks some beneficial nutrients. However, not all fast food has negative impacts, and a person can make an informed choice by researching the nutritional content of particular fast food items. People can find this information on the websites of most major restaurants. That said, even the more healthy fast food items are generally high in sugar, salt, saturated fats, and trans fats.

The Office of Disease Prevention and Health Promotion notes that the typical person in the United States consumes too much of these food components.


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