06/11/2026
The Bank of Canada has maintained its overnight rate at 2.25%, marking the fifth consecutive rate hold since October 2025.
Although global uncertainty remains elevated, the decision signals a continued focus on preserving price stability and supporting confidence in the economy.
For buyers and sellers, a more stable interest rate environment can provide greater predictability. However, the broader economic picture remains nuanced, with decreased domestic growth, elevated unemployment, and persistent geopolitical uncertainty continuing to shape the outlook.