07/16/2026
The Bank of Canada has announced that it is holding its benchmark interest rate steady at 2.25%.
With rates remaining unchanged, now could be an excellent opportunity to invest in real estate. Stable borrowing costs can provide buyers and investors with greater confidence when making their next move.
Interest rates have now remained steady for the past 7 months, and the next Bank of Canada rate announcement is scheduled for September 2, 2026.
What do you think? Will interest rates stay the same, or do you expect an increase, or decrease at the next announcement?