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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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Hassan Nasrallah: The Enigmatic Leader of Hezbollah

 

Hassan Nasrallah, born in Beirut in 1960, is the Secretary-General of Hezbollah, a prominent Shia Islamist militant group and political party based in Lebanon. Nasrallah joined Hezbollah in 1982, the year it was founded, and quickly rose through its ranks. He became the group’s leader in 1992 after the assassination of his predecessor, Sayyad Abbas Musawi.

Nasrallah is known for his charismatic leadership and strategic acumen, which have significantly shaped Hezbollah’s role in the Middle East. Under his leadership, Hezbollah has engaged in multiple conflicts with Israel and has been a key player in the Syrian Civil War. Despite being viewed as an extremist by Israel and the West, Nasrallah remains a highly influential figure in Lebanese politics and among Shia communities worldwide.

Nasrallah’s leadership style is marked by his ability to inspire loyalty and his adept use of media to communicate with his followers. He has rarely been seen in public in recent years due to fears of assassination, relying instead on televised speeches to maintain his presence.

Recently, reports have emerged claiming that Nasrallah was killed in an Israeli airstrike, although Hezbollah has yet to confirm these claims. If true, his death would mark a significant turning point for Hezbollah and the broader geopolitical landscape of the Middle East.


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