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Bank of Canada Holds the Line as Global Turmoil Clouds Outlook

  Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa on September 17, 2025 The Bank of Canada has opted to keep its key interest rate steady at 2.25%, a decision that reflects the delicate balancing act policymakers face as global uncertainty intensifies. With inflationary pressures rising and economic growth showing signs of strain, the central bank is navigating a narrow path shaped by forces largely outside its control. A major driver of the current tension is the surge in oil prices triggered by ongoing geopolitical conflict. Higher energy costs are feeding into broader inflation, raising concerns that price pressures could become more persistent. At the same time, elevated borrowing costs and weakening consumer confidence are weighing on domestic economic momentum. By holding the rate, the Bank of Canada signals caution: it aims to avoid stifling growth while still keeping inflation expectations anchored. The central bank emphasized that it rema...
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Your daily horoscope: September 27, 2024

 

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HOROSCOPES IF TODAY IS YOUR BIRTHDAY

Don’t listen to those who say you need to make major changes, because they are wrong. The message of your birthday chart is that if you keep doing what you are doing, and doing it well, it will all come together for you in the year ahead.

ARIES (March 21 - April 20):

If you make an effort to be nice to the people you encounter today they will be nice to you in return and your outlook on life will improve significantly. It’s a law of the universe: the good vibes you give out come back to you many times over.

TAURUS (April 21 - May 21):

Resist the temptation to burn the candle at both ends today and over the weekend. Yes, there are so many things that need to be done but if you take on too much and push yourself too hard you will quickly reach a point of diminishing returns.

GEMINI (May 22 - June 21):

With both the sun and your ruler Mercury moving through the most dynamic area of your chart you are no doubt eager to get started on all those exciting projects you have been planning. Be sensible about it though – don’t try to do it all in one go.

CANCER (June 22 - July 23):

You could get rather excitable today as friends and family members make the kind of decisions you think are stupid at best and hazardous at worst. Do what you can to make them see sense but, if they insist on pushing ahead, move out of the way!

LEO (July 24 - Aug. 23):

Over the next few days you will get the chance to blow your own trumpet and let the world know what you have achieved and being a larger-than-life Leo you are sure to make the most of it. Sometimes it’s okay to let your ego take charge.

VIRGO (Aug. 24 - Sept. 23):

Think carefully before acting on an idea that you believe could make a lot of money. Maybe you’re right, maybe it will, but what of the potential downside? How much do you stand to lose if it goes wrong and you are left holding the cheque?

LIBRA (Sept. 24 - Oct. 23):

There will be no stopping you now that both the sun and Mercury are moving through your sign. Decide how you can best make your mark on the world and then go for it with every ounce of energy you possess. You WILL make a difference.

SCORPIO (Oct. 24 - Nov. 22):

Cosmic activity in the most sensitive area of your chart means you need to think long and hard before taking any kind of decision that could result in major changes in your lifestyle. It’s good that you want to improve yourself but don’t overdo it.

SAGITTARIUS (Nov. 23 - Dec. 21):

New ways of looking at the world will be presented to you over the next few days and if you are smart you will take all of them seriously. It’s not a sign of failure if you have to change your point of view – it’s a sign of wisdom.


CAPRICORN (Dec. 22 - Jan. 20):

The more you deal with employers and other important people today and over the weekend the more they will like what they see and the more opportunities they will send your way. No one deserves to climb higher on the ladder of success than you.

AQUARIUS (Jan. 21 - Feb. 19):

Get out and about and get yourself noticed. Even if you are the kind of Aquarius who likes to stay out of the public eye you must open up and let others see what a wonderful human being you are. Show the world what star quality looks like!

PISCES (Feb. 20 - Mar. 20):

Financial issues will become increasingly important over the next few weeks and the good news is you can profit hugely from using your talents, the greatest of which is your ability to empathize with all sorts of people. Make your compassion work for you.

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