09/02/2026
🏡 The Bank of Canada is holding interest rates steady at 2.25% for the seventh consecutive time, effective immediately
Here is the quick breakdown of where the market stands right now: Rate Certainty: The BoC benchmark rate stays at 2.25%. 📌Economic Uncertainty: Ongoing trade wars and volatile oil prices are creating a mixed economic outlook. 📈What’s Next? Economists are split. Some predict rate hikes are pushed out until Spring 2027, while others suggest we might even see a rate cut by the end of 2026.
🗓️Market Outlook: A new RBC report highlights that the national housing market is slowly improving, driven by better affordability and stable job growth. The Bank of Canada's next critical decision dates are October 28 and December 9. Whether you are looking to buy, sell, or refinance, staying ahead of these dates is key to maximizing your investment.
Any questions feel free to give Team JET a call at 780-297-3473 !