bank of canada rate decision Archives - Mortgage Rates & Mortgage Broker News in Canada

January 2023 Bank Of Canada Announces Rate Decision

Why the Bank of Canada held its policy rate in June, despite rising risks

June 17, 2025 No Comments

The Bank of Canada saw enough reasons to stay put on interest rates earlier this month, even as economic clouds gathered and pressure for rate cuts grew.

Tiff Macklem, Governor of the Bank of Canada

Bank of Canada holds at 2.75% and puts forecasts on hold too

June 4, 2025 No Comments

With tariff uncertainty clouding the outlook, the Bank is holding rates, and holding off on forward guidance.

Five things to watch for in the Canadian business world in the coming week

June 1, 2025 No Comments

Five things to watch for in the Canadian business world in the coming week:

Rate hold means status quo for Canada’s struggling housing market: experts

April 16, 2025 No Comments

Real estate watchers say the Bank of Canada’s decision to hold its key policy rate steady at 2.75% will likely keep a sluggish housing market at the status quo.

BoC holds rate at 2.75%, outlines two paths for economy as trade tensions cloud outlook

April 16, 2025 No Comments

The Bank of Canada held its benchmark interest rate at 2.75% on Wednesday and unveiled two diverging scenarios for the economy, reflecting the unprecedented uncertainty triggered by U.S. tariffs.

BoC expected to pause this week, but more rate cuts still likely

April 14, 2025 No Comments

With markets nearly split—pricing in a 40% chance of a rate cut and a 60% chance of a hold—the Bank of Canada’s upcoming rate decision on Wednesday is still very much up in the air.

Economists react to Bank of Canada rate cut

Economists react to the Bank of Canada’s 25-bps rate cut: What’s next for rates?

March 12, 2025 No Comments

The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic uncertainty and the fallout from U.S. trade tensions.

Scotiabank: The Bank of Canada will likely deliver a 50-bps rate cut this week—here’s why it shouldn’t

December 9, 2024 No Comments

In a recent analysis, Scotiabank’s Derek Holt suggests that the Bank of Canada is likely to implement a 50-basis point rate cut this week, despite concerns over the broader economic implications.

What the Bank of Canada’s 50-bps rate cut means for borrowers

October 23, 2024 No Comments

Variable-rate borrowers can breathe a little easier with today’s latest rate reduction.

Bank of Canada widely expected to extend its rate-cut streak on Wednesday

September 2, 2024 1 Comment

More rate relief is expected this week for those with variable-rate mortgages and lines of credit.

bank of canada rate decision