BOC Holds Rates at 2.25% As US-Iran War and CUSMA Cloud Outlook
The Bank of Canada kept its policy rate unchanged at 2.25% for the fifth consecutive meeting, citing a deteriorating growth outlook and rising inflation risks stemming from the conflict in the Middle East. The decision was widely in line with market expectations heading into the announcement. Key Takeaways Rate held at 2.25%, unchanged since October 2025, as the Bank…











