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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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Classic Coleslaw recipe

 


Here’s the Classic Coleslaw recipe:

Ingredients

  • 1 bag prepared shredded coleslaw mix (typically green cabbage, red cabbage, and carrots)
  • ½ cup mayonnaise (use a good-quality brand like Hellmann’s or Duke’s)
  • ¼ cup sour cream (adds tang and richness)
  • 2 tablespoons apple cider vinegar
  • 1 tablespoon sugar
  • 1 teaspoon Dijon mustard
  • ½ teaspoon celery seed
  • Salt and freshly ground black pepper, to taste
  • 2 scallions, thinly sliced (optional, for extra crunch and flavor)

Instructions

  1. Make the dressing: In a large bowl, whisk together mayonnaise, sour cream, vinegar, sugar, mustard, celery seed, salt, and pepper until smooth.
  2. Add the slaw mix: Toss in the shredded coleslaw mix and scallions.
  3. Combine: Mix thoroughly until everything is evenly coated.
  4. Chill: Refrigerate for at least 1 hour before serving to let the flavors meld.

This recipe is perfect for BBQs, burgers, pulled pork sandwiches, or any summer spread. 


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