January 28, 2026 Bank of Canada Rate Announcement
The Bank of Canada announced on January 28, 2026 no change to the overnight rate, which remains at 2.25%. Making the prime lending rate 4.45%. […]
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2026 Mortgage Rate Forecast
Canada’s mortgage rate outlook for 2026 looks very different from what it did a couple of years ago. After a stretch of higher borrowing costs […]
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October 29, 2025 Bank of Canada Rate Announcement
The Bank of Canada lowered its key overnight interest rate to 2.25%, making the prime lending rate 4.45%. While the Bank isn’t ruling out further […]
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September 17, 2025 Bank of Canada Rate Announcement
The Bank of Canada has lowered its benchmark interest rate to 2.5%, which in turn has reduced the prime lending rate to 4.7%. “The Bank […]
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June 4, 2025 Bank of Canada Rate Announcement
The Bank of Canada left its policy rate unchanged at 2.75%. This was a bit of a surprise because economists have predicted a few more […]
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April 16, 2025 Bank of Canada Rate Announcement
After seven straight rate cuts, the Bank of Canada kept its key interest rate steady at 2.75%. While the prime lending rate—which impacts variable-rate mortgages, […]
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March 12, 2025 Bank of Canada Rate Announcement
The Bank of Canada’s rate announcement confirms a reduction in its key interest rate to 2.75%, while the prime lending rate—which impacts variable-rate mortgages, […]
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January 29, 2025 Bank of Canada Rate Announcement
The Bank of Canada has lowered its key interest rate by 0.25% as of January 2025, bringing it down to 3%. As a result, Canada’s […]
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December 11, 2024 Bank of Canada Rate Announcement
On December 11, 2024, the Bank of Canada cut its key interest rate again by 0.5%, making it 3.25%. This change reduces the prime lending […]
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October 23, 2024 Bank of Canada Rate Announcement
The Canadian real estate market is undergoing a transformative period, driven by a mix of favourable policy updates and economic changes. On October 23, 2024, […]
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