{"id":131032,"date":"2026-07-15T22:30:10","date_gmt":"2026-07-15T22:30:10","guid":{"rendered":"https:\/\/www.europesays.com\/canada\/131032\/"},"modified":"2026-07-15T22:30:10","modified_gmt":"2026-07-15T22:30:10","slug":"news-of-the-day-bank-of-canada-holds-rate-west-coast-pipeline-benefits-condo-market-government-buyout-canadian-chipmaker-startup-rbc-settles-lawsuit-and-more","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/canada\/131032\/","title":{"rendered":"News of the day: Bank of Canada holds rate, West Coast pipeline benefits, condo-market government buyout, Canadian chipmaker startup, RBC settles lawsuit and more"},"content":{"rendered":"

\"bank-of-canada2-0715-ph\"<\/a> Bank of Canada governor Tiff Macklem announced the rate decision Wednesday. (Credit: HYUNGCHEOL PARK\/Postmedia) <\/p>\n

It’s Wednesday, July 15. Here are the top stories we’re following today. <\/p>\n

Bank of Canada holds interest rate at 2.25% for sixth meeting in a row<\/a> <\/p>\n

The Bank of Canada on Wednesday held its key interest rate at 2.25 per cent for the sixth consecutive time despite uncertainty over trade relations with the United States and the ongoing conflict in the Middle East. <\/p>\n

Read the story<\/a> <\/p>\n

\"Prime<\/a> Prime Minister Mark Carney and Alberta Premier Danielle Smith announced the submission of the West Coast pipeline project at TransAm Piping Products in Calgary on July 2. <\/p>\n

Who stands to benefit from Alberta’s West Coast pipeline?<\/a> <\/p>\n

While pipeline proposals are a long game, industry watchers say Canadian companies could get a bump from participating in the estimated $35-billion to $43-billion buildout. <\/p>\n

Read the story<\/a> <\/p>\n

\"A<\/a> A record-high 4,295 new condos were completed and unsold in the Greater Toronto and Hamilton Area in the first quarter, more than double that of a year ago. <\/p>\n

Your new government neighbour and how it might affect the value of your condo<\/a> <\/p>\n

You bought your high-rise condominium at the top of the real estate market, and now government-led forces are looking to fill the empty units around you with affordable housing for lower-income tenants. It sounds like your condo nightmare got even worse, but what if it helped? <\/p>\n

Read the story<\/a> <\/p>\n

\"As<\/a> As Big Tech continues to build large-scale data centres to train and run AI systems, their facilities could require tens or thousands of chip timing devices to keep their servers running. <\/p>\n

Canadian startup that raised US$75 million wants to show chip companies can build in Canada<\/a> <\/p>\n

Many promising companies solving critical problems for advanced semiconductor technology have started up in Canada only to move to the United States or be bought by American companies, but Montreal startup Stathera Inc. wants to change that. <\/p>\n

Read the story<\/a> <\/p>\n

\"The<\/a> The plaintiff alleged Royal Bank of Canada\u2019s subsidiary improperly paid trailing commissions to discount brokers for services and advice that were never provided. <\/p>\n

RBC agrees to pay $45 million to settle trailer fee class action<\/a> <\/p>\n

Two Royal Bank of Canada subsidiaries have agreed to pay $45 million to settle a lawsuit that alleges some mutual fund investors paid fees they should not have been charged. <\/p>\n

Read the story<\/a> <\/p>\n","protected":false},"excerpt":{"rendered":"Bank of Canada governor Tiff Macklem announced the rate decision Wednesday. (Credit: HYUNGCHEOL PARK\/Postmedia) It’s Wednesday, July 15.…\n","protected":false},"author":2,"featured_media":131033,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[693,17,43439,11881],"class_list":["post-131032","post","type-post","status-publish","format-standard","has-post-thumbnail","category-canada","tag-bank-of-canada","tag-canada","tag-industry-watchers","tag-tiff-macklem"],"_links":{"self":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/131032","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/comments?post=131032"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/posts\/131032\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media\/131033"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/media?parent=131032"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/categories?post=131032"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/canada\/wp-json\/wp\/v2\/tags?post=131032"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}