01/29/2026
📊 Bank of Canada | Interest Rate Update (January 28, 2026) 🇨🇦
The Bank of Canada has held its key interest rate steady at 2.25% in its first policy decision of 2026. 📉 This means the overnight rate, Bank Rate, and deposit rate remain unchanged from the end of 2025 — a move that was widely expected by economists.
The Bank highlighted that economic uncertainty remains elevated, especially due to ongoing global trade pressures and unpredictable policy shifts — making future rate moves less clear.
🔍 What this means for you:
🏡 If you’re thinking about buying, renewing, or refinancing, now could be a great time to review your mortgage options. With rates holding, lenders are offering competitive products and opportunities to improve your financial position.
📞 I’m here to help you make sense of the market and find the best solution for YOUR goals.
📲 Roopy Naroo
Mortgage Agent • Lic # M25001720
GNE Mortgages Inc. • Lic # 10394
📞 647-961-7802
✉ [email protected]
