Tag: Bank of Canada rate hold
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What the Bank of Canada’s Latest Rate Hold Means for Housing

The Bank of Canada has held interest rates steady again, leaving many Canadian homebuyers wondering whether mortgage relief is actually coming this year. On June 10, 2026, the Bank of Canada held its target for the overnight rate at 2.25% for the fifth consecutive meeting. The Bank Rate remains at 2.5%, while the deposit rate…
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Bank of Canada Holds Interest Rate at 2.25% – What It Means for Canadian Home Buyers

The Bank of Canada held its key interest rate at 2.25 percent on December 10, 2025, a decision widely expected by economists as inflation trends lower and the economy shows stronger-than-anticipated growth. Markets had priced in more than a 90 percent chance of a hold, signaling confidence that current policy settings are appropriate for keeping inflation near…