Crystal Foti - The Mortgage Chick

06/10/2026

I would expect no changes until MAYBE the fall....let's see how the summer numbers look. See you all in July!

We have maintained the policy interest rate at 2.25%. Economic weakness combined with rising inflation is a dilemma for monetary policy. Uncertainty is unusually high and risks could shift. For now, holding the policy rate unchanged balances risks.

We will be watching closely for evidence of a broadening in price pressures. The Bank of Canada is committed to keeping inflation close to the 2% target over time.

Learn more: https://bit.ly/3Qe1BoX

06/10/2026

As expected, no change to the policy rate...

Automatically view the rate announcement the moment it is published.

06/02/2026

Join me tonight at the Vancouver Italian Cultural Centre to celebrate la Festa della Repubblica.

On June 2nd, Italy celebrates the 80th anniversary of the Italian Republic — a historic milestone that honors the values of freedom, democracy, unity, and progress. 🇮🇹✨

Today, we proudly celebrate Italy’s rich heritage, culture, and the strong Italian community in Canada and around the world.

Happy 80th Republic Day to all Italians and friends of Italy. Buona Festa della Repubblica!

04/29/2026

As expected, no change to the interest rate this morning.

12/08/2025

Thank you to everyone who voted for me - I won SILVER this year in the Mortgage Broker category. I love what I do and I have the best clients.

Official 2025 Community Voting Awards Platform for Abbotsford, BC. Where the community votes for their favourites every year.

10/29/2025

Bank of Canada slashes rate this morning 1/4% or .25

09/17/2025

The Bank of Canada has lowered its policy rate by 25 bps to 2.50%. This is the Bank’s eighth rate cut.

Read the full statement here: https://bit.ly/4nsX8tu
The next BoC announcement is Oct. 29, 2025.

04/16/2025

In a surprise move, the Bank of Canada held rates steady today keeping the benchmark rate at 2.75%. The Bank of Canada emphasized the importance of keeping inflation under control, amidst the trade war with the US. Hold on to your hats....the threat of a recession is real!

Call now to connect with business.

04/16/2025

In a surprise move, the Bank of Canada held rates steady today at 2.75%. This could signal a looming recession amidst the trade war with the US and allows the feds some wiggle room with rates in the future to keep inflation under control. Hold on to your hats folks!

Governor Tiff Macklem said the central bank hit pause to give itself time to assess the fallout from Trump’s erratic and destabilizing trade war