It's helpful for homeowners or prospective homebuyers to be in the know about the latest mortgage updates in Canada.

Bank of Canada officials agreed on holding the overnight rate at 2.25% earlier this month, but are unsure whether their next policy shift will be to lower rates again or to raise them.

OTTAWA, July 30 (Reuters) - The Bank of Canada held its key policy rate at 2.75% for the third time in a row on Wednesday, as expected, and said the risk of a severe and escalating global trade war ...

OTTAWA—The Bank of Canada held its benchmark interest rate steady Wednesday and said officials were sticking with their outlook for modest growth even though recent economic data point to signs of ...

BENGALURU (Reuters) -The Bank of Canada will cut its overnight rate by a quarter point on September 17 as the labour market deteriorates and economic activity weakens, according to most economists in ...

OTTAWA (Reuters) - The Bank of Canada reduced its key policy rate to a three-year low of 2.5% on Wednesday, the first cut in six months, and said it would be ready to cut again if risks to the economy ...

As of December 2025, the Bank of Canada interest rate remains 2.25%. With just three weeks before year-end, the Bank of Canada did not offer additional relief to borrowers aftter two consecutive rate ...

After holding the policy rate unchanged in the past three meetings, Bank of Canada on Wednesday resumed its rate cut cycle, lowering its target for the overnight rate by 25 basis points to 2.5%. The ...