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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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Passover 2025: A Celebration of Freedom and Tradition

 

Passover, also known as Pesach, is a significant Jewish holiday that commemorates the liberation of the Israelites from slavery in ancient Egypt. In 2025, Passover begins at sundown on Saturday, April 12, and concludes at nightfall on Sunday, April 20.

This eight-day festival is rich in traditions and rituals. It starts with the Seder, a ceremonial meal held on the first two nights (or just the first night in Israel). The Seder includes storytelling, symbolic foods, and the recitation of prayers, all aimed at retelling the story of the Exodus. Throughout the holiday, leavened products are avoided, and matzah, an unleavened bread, is eaten to honor the haste with which the Israelites left Egypt.

Passover is not only a time for reflection and gratitude but also a celebration of freedom and resilience. It serves as a reminder of the enduring spirit of a people who overcame adversity to forge a new path.

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