06/10/2026
🛑 BREAKING! The Bank of Canada has held its key interest rate steady at 2.25% for the fifth consecutive meeting, aiming to support a turbulent economy while trying to manage inflation driven by the ongoing oil crisis. As a result, the prime rate for variable-rate and lines of credit remains at 4.45%. The next scheduled interest rate announcement is July 15, 2026. More to come on www.mortgagelegko.com