📊 Bank of Canada Holds Interest Rate at 2.25 %

The **Bank of Canada has announced today that it is keeping its key policy interest rate unchanged at 2.25 %. This is the first rate decision of 2026 and marks a continuation of the Bank’s cautious approach amid ongoing economic uncertainty.

Bank Governor Tiff Macklem emphasized that while inflation remains close to the Bank’s 2 % target and the economy has broadly evolved as expected, uncertainty, especially from global trade dynamics and geopolitical risks, remains elevated. The Bank signaled that it will continue to monitor economic developments closely and is prepared to adjust policy if needed.

For Canadians, holding the rate steady means borrowing costs for things like variable-rate mortgages and loans are staying where they are, offering stability as consumers and businesses plan for the year ahead.

✔️ Summary:
• Policy interest rate: 2.25 % (held steady)
• Why: High economic uncertainty and inflation near target
• What it means: No change in borrowing cost trends for now, focus remains on data and future risks.