The $2.25 billion benchmark policy rate remains unchanged

The Bank of Canada has kept its benchmark policy rate at 2.25 per cent since October 2025,despite rising inflation pressures.

According to the source, the central bank's governing body calculates at each policy meeting to determine if rates should stay the same, rise,or fall based on recent economic data and analysis.

A rate hike in the coming months is more likely than a cut

Some economists expect the bank to keep borrowing rates unchanged this week, but a rate hike in the coming months is more likely than a cut, the report says.

The Bank of Canada's mandate is to promote the economic and financial welfare of Canada, and its primary lever is adjusting its monetary policy through changes in borrowing costs for Canadians.

The Iran war's impact on the Canadian economy

The Iran war has added to the challenges facing the Canadian economy, with U.S. tariffs also taking a toll, the report notes.

The Bank of Canada is scheduled to announce its updated policy on Wednesday at 9:45 a.m. eastern time, with a press conference to follow.

What auditors flagged in the May filing

The Bank of Canada's governing body has been scrutinizing the economy's performance, with auditors flagging areas of concern in the May filing, the report says.

The bank's target range for inflation is one to three per cent, and inflation remains its priority .

A familiar pattern from the 2019 crash

The Bank of Canada's response to the 2019 economic crash serves as a reminder of the challenges it faces in navigating the current economic landscape, the report notes.

The bank's governing body has been working to mitigate the effects of the crash, with a focus on promoting economic growth and stability.

Who is the unnamed buyer?

The report does not name the buyer, but it notes that the Bank of Canada's governing body has been working to identify the factors driving the economy's performance.

The bank's target range for inflation is one to three per cent, and inflation remains its priority.