09/02/2026
September 2nd the Bank of Canada has once again held their policy rate at 2.25 leaving bank prime at 4.45. This is the 7th hold in a row.
You may be used to rates moving often if you're looking back to 2015. If you look back further between 2010 and 2015 prime didn't move at all. It is normal to see rates hold for a while.
Reach out if you have questions about how this affects you or if you would like to talk about your mortgage options etc. I am always happy to hear from you.
Amy Riis - Mortgages
[email protected]
306-229-5466
amyriis.com