Economy

The Bank of Canada, growth, jobs and inflation: what the big economic numbers mean for households and savers in Canada.

Economy

2 articles

Economy

The Bank of Canada held its rate again: what 2.25% means for savers and borrowers

For the sixth decision in a row, the policy rate stayed at 2.25%. Here is what a paused rate means for GICs, savings accounts, variable mortgages and lines of credit.

Updated: August 14, 2026

Economy

Canada’s economy in 2026: modest growth, sticky inflation and the tariff overhang

Forecasters see growth around 1–1.5% this year as trade uncertainty lingers. A plain-language look at GDP, jobs and what the numbers mean for households.

Updated: August 7, 2026