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Bank of Canada Rate Decision Countdown: What to Expect on July 15

  Published July 4, 2026 In eleven days, the Bank of Canada will make its fifth interest rate call of 2026. If you've got a mortgage renewing, a variable rate that moves with the Bank's decisions, or savings sitting in a high-interest account, this is the date to have circled. Here's where things stand heading into July 15, and what the smart money is expecting. Where the rate sits right now The Bank of Canada has held its policy rate at 2.25% since its last two decisions, with the Bank Rate at 2.50% and the deposit rate at 2.20%. The July 15 announcement, released at 9:45 a.m. ET, will also come with a full Monetary Policy Report, since the Bank publishes its detailed economic projections quarterly alongside the January, April, July, and October decisions. Why most economists expect another hold The case for standing pat comes down to two forces pulling in opposite directions: Inflation is running hot, but mostly for one reason. Canada's headline inflation rate jumped...
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Catherine, Princess of Wales, Reveals Cancer Diagnosis and Begins Chemotherapy

 



In a heartfelt video message released on Friday, Catherine, Princess of Wales, announced that she has been diagnosed with cancer and has already commenced chemotherapy. The news comes after weeks of speculation about her health and whereabouts since she underwent unspecified abdominal surgery in January.

The 42-year-old princess described the diagnosis as a “huge shock” for her and her husband, Prince William. She emphasized the need for privacy during this challenging time for their young family. Catherine’s announcement echoes that of King Charles III, who disclosed his own cancer diagnosis and treatment earlier this year.

Catherine’s health journey has been closely followed by the public, especially after her abdominal surgery. Initially believed to be noncancerous, further tests revealed evidence of cancer. Doctors recommended chemotherapy, which she recently began. The recovery process has been arduous, but Catherine has taken the time to explain everything to her children—George, Charlotte, and Louis—and reassure them that she will be okay.

The royal family now faces a period of deep uncertainty. With both the 75-year-old monarch and Catherine dealing with health challenges, the future remains uncertain. The king’s own cancer diagnosis added to the family’s concerns, although the specific type of cancer has not been disclosed.

Catherine, the future queen, implored the public and the media to respect her family’s need for privacy during this difficult time. She expressed gratitude for the support they have received and asked for understanding as they navigate this personal battle.

As the world sends well wishes and hopes for her speedy recovery, Catherine’s strength and resilience shine through. We stand by her side during this challenging chapter, offering our thoughts and prayers for her health and well-being.


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