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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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Celebrating Mother's Day: A Tribute to Love and Sacrifice

Mother’s Day is a time to express gratitude and appreciation for the women who have shaped our lives. Whether they are biological mothers, adoptive parents, or mother figures, their contributions are invaluable.  

The day is celebrated worldwide in different ways, from heartfelt gestures to grand celebrations. Some families gather for special meals, others share gifts or write letters, and many simply spend quality time together. The essence of the day remains the same—to honor the love, sacrifices, and guidance that mothers provide.  

Beyond flowers and cards, Mother's Day serves as a reminder to cherish and respect the women who play the role of nurturers and protectors in our lives. It is a time to acknowledge the strength, resilience, and unconditional love that define motherhood in all its forms.  

So, whether it's a simple “thank you” or an elaborate tribute, make sure to take a moment to celebrate the mothers in your life.  


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