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The Rate Cuts Are Over — Is a Hike Coming?

  July 23, 2026 Oil shocks, sticky inflation and a technical recession are pulling the Bank of Canada in opposite directions at once. For most of the past two years, the only question about the Bank of Canada was how far and how fast it would cut. The overnight rate fell from 5.00% to 2.25% between June 2024 and October 2025, one of the sharpest easing cycles in the Bank's history, and it has held there through six consecutive decisions since. That story is now over. The question on the table for the rest of 2026 isn't whether the Bank cuts again — it's whether the next move is actually a hike. Two conflicting signals, one Bank The case for staying put — or even cutting — comes from the growth side of the ledger. Statistics Canada data showed the economy contracted in both the fourth quarter of 2025 and the first quarter of 2026, meeting the informal definition of a technical recession. That was enough to have some economists warning the Bank had no room to raise rates at a...
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Canadian Excel Maestro Claims World Spreadsheet Championship Title

 

Michael Jarman, a financial modelling director from Toronto, has been crowned the new world champion of managing spreadsheets in Microsoft Excel. Jarman clinched the title at the Microsoft Excel World Championships held in Las Vegas on December 4, 2024, defeating Australia's three-time champion Andrew Ngai in a thrilling finale.

The competition, which is akin to an esports event, required participants to build and manage spreadsheets to perform tasks and solve problems based on a World of Warcraft theme. Jarman's victory came after an intense final round where he successfully tracked various game statistics, including experience points and health, under immense pressure.

For his remarkable skills, Jarman took home a $5,000 prize and the event's signature championship belt. "It was an amazing feeling," Jarman said. "It's definitely a really great memory for me, and will be for a long time."

Jarman's triumph not only highlights his exceptional Excel abilities but also showcases the growing popularity of spreadsheet competitions as a unique and entertaining sport.



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