The Bank of Canada updated its monetary policy Wednesday, and held its key lending rate at 2.75 per cent for the third straight meeting.

For most investors, the best course of action in July 2025 is to hold. Royal Bank remains a core position in many Canadian portfolios for good reason. It’s big, stable, and relatively boring, which is exactly what most people want from a bank stock. But if it dips below $175, long-term investors might want to consider topping up.