04/29/2026
BREAKING: Bank of Canada HOLDS key interest rate to 2.25%
This morning, the Bank of Canada announced a rate hold at 2.25% — exactly as widely anticipated. This marks continued stability for Canadian borrowers, with the BoC signalling it is carefully monitoring global trade uncertainty and domestic inflation before making any further moves. Core inflation remains close to the 2% target despite March’s headline CPI ticking up to 2.4% on energy prices. The next rate decision is June 10, 2026 — making now an excellent window to lock in a mortgage, refinance, or get pre-approved before conditions shift.
💡 Tips:
1️⃣ Homeowners: Lock in part of your mortgage or speed up payments while rates are low.
2️⃣ Investors: Lower rates can lift markets — but review your portfolio for balance.
3️⃣ Small Business Owners: Now might be the time to expand, invest, or refinance.
4️⃣ Savers: Expect lower returns on savings — shop for better options.
5️⃣ Everyone: Use this moment to review your full financial plan and goals.
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Low Rate Mortgages Canada™
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