The wait is officially over. Today, July 15, 2026, the Bank of Canada delivered its highly anticipated interest rate announcement. For the sixth consecutive meeting, the central bank chose to maintain its key policy rate steady at 2.25%, keeping the prime lending rate anchored at 4.45%. While many hopeful buyers and homeowners in Kamloops, BC were praying for a summer rate cut to lower their borrowing costs, the central bank’s cautious position confirms a harsh reality: waiti