Bank rates

1. The Bank of Canada is holding the overnight rate steady at 2.75%.  

Read Press Release.

 

 

 

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2. Bank of Canada – Monetary Policy Report – July 2025
  • Overview: US tariffs are significantly higher than they were at the start of 2025, and US trade policy remains unpredictable. Inflation is near 2%, although underlying price pressures have picked up. With uncertainty about US trade policy still high, the outlook for the Canadian economy remains clouded.  Read More

 

 

 

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3. National Retail Sales Normalize

Canadian Chamber of Commerce Report:

  • After consumers pulled forward purchases ahead of looming U.S. tariffs, national retail sales normalize.  Read More