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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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Spring Forward: Daylight Saving Time in Canada

As the winter chill begins to fade and the promise of spring looms on the horizon, Canadians prepare to embrace longer days and shorter nights. The eagerly awaited transition to Daylight Saving Time (DST) marks the end of standard time, as clocks across the country spring forward by one hour. This year, DST begins on Sunday, March 9, 2025, at 2 a.m. local time.

While the adjustment might mean losing an hour of precious sleep, the benefits of DST are well worth the initial grogginess. The extra daylight in the evenings encourages outdoor activities, boosts mental well-being, and provides a sense of rejuvenation after the long, dark winter months. Communities come alive as residents take advantage of the extended daylight to socialize, exercise, and engage in various recreational pursuits.

Historically, DST was introduced to make better use of daylight during the longer days of spring and summer. The practice was first implemented during World War I as a means to conserve energy. Over the years, it has evolved into a tradition that many Canadians eagerly anticipate.

As you set your clocks forward this weekend, take a moment to relish the thought of longer, sunlit evenings and the opportunities they bring. Whether it's a leisurely stroll in the park, a family barbecue, or simply soaking up the golden hour, the extra daylight is a gift to cherish.


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