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BoC Held Again at 2.25% — But a Rate Hike Is Now More Likely Than Not Before Year-End

  Bond markets put the odds of an October 28 hike at 57%. Here's what the big banks are forecasting, what it means for your mortgage payment, and how to think about your next move. MoneySavings.ca · September 17, 2026 The Bank of Canada kept its overnight rate at 2.25% on September 2 — the seventh consecutive hold since the last cut in October 2025. On the surface, nothing changed. Below the surface, everything did. Governor Tiff Macklem's post-decision language was the most hawkish the Bank has sounded in over a year. He flagged that persistently high oil prices (Brent has since touched $107) and new U.S. tariffs — combined with Canada's own $27.6 billion retaliation list — are creating genuine upside risks to inflation. The BoC's August deliberations summary, released September 16, confirmed the Governing Council is now actively weighing a hike, not just a hold. The August CPI reading that came in on September 14 didn't settle anything: headline inflation held at ...

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CMA Advocates for End to Sick Note Requirements: A Step Towards Better Healthcare Efficiency

 

The Canadian Medical Association (CMA) has recently called for the elimination of sick note requirements by employers for short-term minor illnesses. This move aims to reduce the administrative burden on physicians and improve patient care. According to the CMA, the current practice of requiring sick notes for minor illnesses diverts valuable time and resources away from patient care, creating unnecessary strain on the healthcare system.

In a new position paper, the CMA recommends legislative changes to restrict the requirement for sick notes and promote alternatives such as self-certification and flexible leave policies. These changes are expected to enhance healthcare efficiency by preventing millions of unnecessary healthcare interactions annually.

The CMA’s call for action highlights the need for a more streamlined approach to managing minor illnesses in the workplace, ultimately benefiting both employees and the healthcare system.


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