Skip to main content

Featured

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...
Post a Comment
Read more

article

Labels

Kamala Harris Secures Nomination with Unprecedented Delegate Support


In a remarkable turn of events, Vice President Kamala Harris has garnered enough delegate support to secure the Democratic nomination for president on the very first day of her campaign.

This swift consolidation of support comes after President Joe Biden's endorsement and sets a new record in the political annals of the United States. Harris's campaign, which has been marked by a surge of endorsements from key figures within the party, has also seen a historic fundraising effort, amassing over $81 million in contributions. 

The Vice President's rapid acquisition of delegates reflects a broader trend of unity within the Democratic Party, as major potential rivals have rallied around her candidacy. With the Democratic National Committee preparing for its nominating vote, Harris's campaign is poised to enter the presidential race with a strong start and a clear path forward. Her success signals a significant shift in the political landscape and underscores the importance of delegate support in the nomination process.

Labels:

Comments

Post a Comment