10/20/2026
Bank of Canada's new forecasting model zeroes in on mortgage renewals
The Bank of Canada’s latest move has caught my attention: they’ve implemented the Prima model, which zeroes in on mortgage renewals and housing supply as key factors in forecasting inflation. This is a significant shift—one that acknowledges just how intertwined our housing market is with broader economic trends and policy decisions. As someone who views real estate as a strategic asset rather than a simple transaction, I find it encouraging to see the central bank sharpening its focus on the real-world factors impacting homeowners and investors alike. It’s a reminder that the landscape is always evolving, and the right guidance doesn’t just keep pace—it anticipates these changes and adapts your strategy accordingly. In a market shaped by supply shocks and global connections, understanding these shifts is part of managing your equity like the high-value asset it truly is.