02/09/2026
The Bank of Canada has held its policy rate at 2.25%, as widely expected.
The BoC continues to assess inflation, economic growth, and the effects of global trade uncertainty.
So what does this mean for your variable rate mortgage? It means that there is no change to your payment or amortization!
The next rate announcement will be on Wednesday, October 28th.
Feel free to reach out to me with any questions you have!
