01/28/2026
It's a HOLD! The Bank of Canada has decided to keep it's interest rate at 2.25% today. With uncertain trade deals, and shaky partnerships, the BoC is holding steady in uncertain economic times.
Luckily, this stability gives Canadians some assurance as their variable rate loans and mortgage payments will also stay steady.
In hard economic times, it's important to be able to budget well, so payments not rising is a key component of that.
Feel free to reach out if you have any questions.