10/14/2026
Jobs are down. Rates on hold? 📉
Canada lost 68,000 jobs in September and unemployment rose to 6.5%. In Ontario it’s 7.0%. (Statistics Canada)
The Bank of Canada’s rate is 2.25%. After the jobs report, markets cut the odds of an October hike to about 1 in 4. (LSEG data via Reuters)
Two dates to watch:
Oct 19 · September inflation
Oct 28 · Bank of Canada decision
TRREB says many GTA buyers are waiting to feel sure about their jobs and borrowing costs. You don’t need to guess the Bank’s next move to plan yours. Know your numbers now, and let the dates decide when you act.
Thinking about buying or selling in the GTA? Send me a message.
Asal Matinsadeghy, Sales Representative
Royal LePage Signature Realty, Brokerage
General information only, not financial advice.
RichmondHill Markham Vaughan
