The Bank of Canada paused rate cuts, keeping rates within its neutral range of 2.25–3.25%.Canada’s economy is “softer but not sharply weaker,” with recent inflation data showing continued firmness.GDP grew 2.2% in Q1 2025, exceeding forecasts, largely from tariff-driven exports—not broad economic strength.

Canada Resales Post Strong Monthly Gain
In Mid-Q2 2026, Canadian home resales ↑~6% MoM, marking a second straight uptick and the strongest monthly gain in 18
