05/25/2026
Your Bi-Weekly Economic Update!
Alberta’s economy continues to remain relatively strong heading into summer, supported by steady migration, resilient employment, and continued demand across many housing markets in the province.
Over the past couple of weeks, we have seen bond yields rise and then fall slightly, which has helped improve some fixed mortgage pricing. Variable rates remain unchanged for now as the Bank of Canada continues to monitor inflation closely. The next announcement is June 10, 2026.
Recent global uncertainty, including tensions in the Middle East and movement in oil prices, has added some volatility to financial markets. For Alberta, stronger oil prices can support economic activity locally, but global instability can still influence bond markets and fixed mortgage rates in the short term.
As always, whether you are buying, refinancing, renewing, or planning ahead, having the right mortgage strategy matters more than trying to perfectly time the market.
If you have questions about your options in today’s environment, our team is always here to help.
