09/02/2026
No change from the Bank of Canada today. The benchmark interest rate remains at 2.25%.
The Bank says the economy continues to recover, but inflation risks have increased due to higher oil prices, tariffs and continued global uncertainty.
For buyers, sellers and homeowners, borrowing conditions remain unchanged for now. The next rate decision comes October 28.
Wondering what today’s decision means for your buying or selling plans? Let’s talk.