Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Alleged Collusion: Parliamentarians Face Accusations of Treason



In a recent report from the National Security and Intelligence Committee of Parliamentarians (NSICOP), shocking allegations have emerged. According to the report, sitting federal politicians are allegedly “witting” participants in foreign interference schemes. NDP Leader Jagmeet Singh minced no words, declaring these parliamentarians as “traitors to the country” for their alleged collaboration with foreign governments.

The report highlights several concerning actions by these politicians:

  1. Mobilizing Voters: Some parliamentarians are accused of working with foreign missions to mobilize voters during political campaigns.
  2. Financial Ties: Others allegedly accepted cash from foreign missions or their proxies, either knowingly or through willful blindness.
  3. Sharing Privileged Information: The report suggests that certain parliamentarians shared privileged information with foreign diplomatic officials.

While Green Party Leader Elizabeth May downplayed the report’s significance, Singh remains deeply concerned. He places the blame on the leadership of both Prime Minister Justin Trudeau and Conservative Leader Pierre Poilievre for failing to address the issue.

As the nation grapples with these serious allegations, the question remains: How will Canada respond to this breach of trust by its elected representatives? 

Labels:

Comments

Post a Comment