09/03/2026
📢 The Bank of Canada has held its policy interest rate at 2.25%, meaning Prime Rate remains at 4.45%.
While today's decision was widely expected, the Bank's outlook has become more cautious. Ongoing geopolitical tensions, elevated energy prices, and new US tariffs have increased uncertainty around both inflation and economic growth.
In this short video, I explain:
✅ Why the Bank held rates
✅ What's changed since the last announcement
✅ What it means for your mortgage
Whether you're buying a home, renewing your mortgage, refinancing, or investing in real estate, I'd be happy to help.
After all, the right mortgage isn't just about getting the lowest rate—it's about using the right strategy to help build long-term wealth.