07/15/2026
Bank rate hold today.
The Bank of Canada has held its key interest rate at 2.25%.
The Bank says Canada's economy is improving, inflation is expected to ease over time, and housing activity appears to be stabilizing. For homebuyers and homeowners, this means mortgage rates are likely to remain relatively stable in the near term, providing more certainty in the market.
đź”— Read the full announcement: https://www.bankofcanada.ca/2026/07/fad-press-release-2026-07-15/