06/15/2026
The Bank of Canada held its policy rate at 2.25%.
Key factors behind the decision:
• Job seekers are unemployed longer with youth most impacted
• A temporary rise in inflation from higher oil and gas prices
• Ongoing risks from CUSMA negotiations and geopolitical uncertainty
If you have questions about how the Bank of Canada's latest rate decision impacts your financial plan, reach out. I'm happy to help.