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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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Family Doctors Could Reduce ER Visits by 15% in Canada, Report Finds


A recent report by the Canadian Institute for Health Information (CIHI) reveals that 15% of emergency room visits in Canada could be managed by family doctors. The report, covering data from April 2023 to March 2024, highlights the significant role primary care could play in alleviating the pressure on emergency departments.

The findings indicate that many Canadians, especially those without regular access to a family doctor, turn to emergency departments for conditions that could be managed in primary care. This includes common ailments such as colds, sore throats, and ear infections. The report also suggests that over half of these visits could be managed virtually, pointing to the potential benefits of telemedicine.

Dr. Sunita Karmakar-Hore, CIHI’s manager of health system performance reporting, emphasized the need for improved access to primary and virtual care. "When access to a regular care provider is challenging, people often turn to emergency departments to receive the care they need," she said.

The report underscores the importance of addressing the shortage of family doctors and enhancing the availability of virtual care options to reduce unnecessary ER visits and improve overall healthcare efficiency in Canada.



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