06/10/2026
The Bank of Canada has decided to Hold once again!
This is now the 5th time in a row that the rate has been held.
Why?
War in the middle east is on its 4th month. We continue to see gas prices fluctuate as well as the cost of groceries.
We’ve actually been told that the Canadian Dollar has weakened against the US Dollar and other currencies.
Canadian Economic activity has weakened and there is still a lot of uncertainty as to what will happen.
Stay tuned until the next announcement on July 15th