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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...
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Robotic Guardians: Why Robot Dogs Patrol Mar-A-Lago

 

In a bid to enhance security at Mar-a-Lago, the US Secret Service has deployed robotic dogs named “Spot,” developed by Boston Dynamics. These high-tech canines are part of a broader strategy to safeguard President-elect Donald Trump, especially after recent assassination attempts.

Advanced Surveillance and Security

Spot is equipped with advanced sensors and surveillance technology, allowing it to patrol large areas more efficiently than human guards. These robotic dogs can navigate complex environments, climb stairs, and even open doors, making them versatile tools for security operations.

Public Reaction

While some find the robotic dogs fascinating, others view them as unsettling. Videos of Spot patrolling Mar-a-Lago have gone viral, sparking a mix of admiration and concern. Despite their appearance, these robots are not meant to be approached or petted, as indicated by the “DO NOT PET” signs on their legs.

A Growing Trend

The use of robotic dogs is not limited to Mar-a-Lago. Law enforcement and military agencies worldwide are increasingly adopting this technology for various applications, from bomb disposal to reconnaissance. As technology advances, we can expect to see more robotic guardians in public and private security roles.


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