06/10/2026
The Bank of Canada has announced another rate hold.
Its key policy rate stays at 2.25%. This continued pause in the current cycle offers welcome stability for Canadian mortgage borrowers, even as mixed economic data and global developments create uncertainty.
In this steady climate, there’s time for careful, strategic planning on renewals, pre-approvals, and longer-term mortgage decisions.
Message me today to discuss how this announcement impacts your mortgage.