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Bank of Canada Holds at 2.25%: Markets Today, July 15, 2026

  Wednesday, July 15, 2026 The Bank of Canada held its policy rate at 2.25% for a sixth consecutive decision this morning, giving Canadians the widely expected outcome while equity, bond and currency markets continue to digest yesterday's cooler-than-expected U.S. inflation report. Here's everything you need to know about today's rate call and where markets stood heading into the session. Today's Top Story At 9:45 a.m. ET, the Bank of Canada kept its overnight rate target unchanged at 2.25%, alongside a fresh quarterly Monetary Policy Report. Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers followed with a press conference to explain the decision. Economists had been almost unanimous in expecting a hold, as the Bank continues to balance elevated headline inflation — driven largely by higher energy prices tied to the Strait of Hormuz conflict — against a softer underlying economy and lingering trade uncertainty with the U.S. TSX: Yesterday's Close Toda...

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Tragedy Unfolds: North Korea Executes 30 Teens for Watching South Korean Dramas

In a chilling turn of events, North Korea has reportedly executed around 30 middle school students for the grave offense of watching South Korean dramas. According to reports from South Korean news outlets Chosun TV and Korea JoongAng Daily, these teenagers were publicly shot last week. Their crime? Viewing shows that were stored on USBs, which had been floated over the border by North Korean defectors.

The situation sheds light on North Korea’s harsh penalties for consuming South Korean media. Under the so-called “evil” laws, disseminating media originating from South Korea, the US, or Japan is strictly forbidden. The Reactionary Ideology and Culture Rejection Act, one of these laws, imposes severe consequences for such actions. While the report remains unverified, experts believe that, given the regime’s intensified crackdown on information from the outside world, these executions are plausible.

This isn’t the first instance of North Koreans facing dire consequences for their association with content from their southern neighbor. In the past, individuals have been killed for selling digital content from South Korea or even wearing white wedding dresses, deemed “reactionary.” Despite eyewitness accounts, the North Korean government denies public executions, but the reality remains grim.

The tragic fate of these teenagers serves as a stark reminder of the ongoing tensions between North and South Korea, a conflict that technically persists since the 1950s. As the world watches, we’re left questioning the price of curiosity and the lengths to which oppressive regimes will go to maintain control. 

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