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Bank of Canada Holds the Line as Global Turmoil Clouds Outlook

  Bank of Canada Governor Tiff Macklem takes part in a press conference in Ottawa on September 17, 2025 The Bank of Canada has opted to keep its key interest rate steady at 2.25%, a decision that reflects the delicate balancing act policymakers face as global uncertainty intensifies. With inflationary pressures rising and economic growth showing signs of strain, the central bank is navigating a narrow path shaped by forces largely outside its control. A major driver of the current tension is the surge in oil prices triggered by ongoing geopolitical conflict. Higher energy costs are feeding into broader inflation, raising concerns that price pressures could become more persistent. At the same time, elevated borrowing costs and weakening consumer confidence are weighing on domestic economic momentum. By holding the rate, the Bank of Canada signals caution: it aims to avoid stifling growth while still keeping inflation expectations anchored. The central bank emphasized that it rema...
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Why Plant-Based Meat Failed to Satisfy Consumers and Investors

Plant-based meat was once hailed as a game-changer for the food industry, promising to deliver meat alternatives that are better for the environment, animal welfare, and human health. However, after a decade of hype and billions of dollars in funding, the sector is facing a harsh reality check.

According to Pitchbook, a venture-capital research firm, funding for food-technology startups has fallen to the lowest level in nearly a decade, and many plant-based meat companies have struggled to turn a profit or scale up production. The main reasons for this decline are the high price, mediocre taste, and questionable health benefits of plant-based meat products.

Despite the growing awareness of the environmental and ethical issues of animal agriculture, most consumers are not willing to pay a premium for plant-based meat that does not taste as good as the real thing. A recent survey by the International Food Information Council found that only 28% of Americans have tried plant-based meat, and only 10% eat it regularly. Moreover, many consumers are skeptical about the health claims of plant-based meat, which often contains high amounts of sodium, fat, and additives.

As a result, plant-based meat has failed to capture a significant market share or disrupt the meat industry, which has also responded by offering more sustainable and humane options. While plant-based meat may still have a niche appeal for some consumers, it is unlikely to become a mainstream choice anytime soon.

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