06/10/2026
🏦 The Bank of Canada just held rates at 2.25% — for the 5th time in a row.
Here’s the tricky part: on paper, Canada’s economy has slipped into a “recession” — but we’re dealing with serious inflation at the same time. The main culprit? Rising oil and gas prices. 🛢️
That puts the Bank of Canada in a real bind:
📉 It wants to cut rates to give the economy a boost…
📈 …but it can’t, because inflation is still too hot.
So what happens next? Most likely, rates stay flat through the end of this year. A cut probably isn’t on the table until 2027 — and even that depends on two big “ifs”:
• If oil prices come down 🔻
• If Canada and the U.S. don’t reach a deal on tariffs 🤝
Bottom line: we’re in wait-and-see mode. No one knows where inflation, oil, or the Canada–U.S. trade talks land — and just like the housing market, the Bank of Canada is sitting tight until the picture clears up.
💬 What’s your take — will we see a rate cut in 2027, or are we stuck higher for longer? Drop a comment, I’d love to hear your thoughts. 👇
▶️ Full breakdown on YouTube — link in bio.
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