Bank of Canada Warns of Inflation Risks Amid Unchanged Interest Rate
The Bank of Canada (BoC) has stated that upside risks to inflation have increased. The central bank left its key interest rate at 2.25%, in a decision announced on September 2, 2026.
This development comes as the BoC seeks to balance the need for low inflation with the impact of rising interest rates on economic growth. Thorne was quoted as saying 'We should be one of the wealthiest nations in the world and we got off-track.'