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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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Alberta Independence Rally Sparks Debate at Legislature

 

Hundreds of Albertans gathered at the Alberta Legislature in Edmonton on Saturday to rally in support of separating from Canada. The demonstration, fueled by frustration over federal policies and the recent Liberal election victory, saw participants waving Alberta flags and even some displaying U.S. flags. 

Premier Danielle Smith’s government recently proposed legislation that would lower the threshold for holding a referendum, making it easier for citizens to push for a vote on secession. While Smith has not explicitly endorsed separation, the move has emboldened those advocating for Alberta’s independence. 

The rally was met with opposition from Indigenous groups, who argued that separation would violate treaty agreements. Piikani Nation Chief Troy Knowlton emphasized that Alberta does not have the authority to interfere with or negate treaties, reinforcing the complexity of the issue. 

As tensions rise, the debate over Alberta’s future within Canada continues to unfold, with both supporters and critics making their voices heard.


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