The Bank of Canada has held its key interest rate steady at 2.25%. With Canada’s GDP growing by 3.3% in the second quarter and unemployment dipping to 6.4% in July, the Bank is balancing signs of economic recovery against concerns about rising inflation. The next rate decision is set for October 28, 2026, when they’ll reassess the current outlook.
For those navigating the real estate market, these decisions can shape everything from mortgage rates to buyer confidence. After nearly three decades helping people move through major life changes, I’ve seen how important it is to have clear, honest information. If you’re considering your next step—whether it’s upsizing, downsizing, or just curious about what these numbers mean for your plans—rest assured, I’m here to help you make sense of it all. Real estate should always feel supported, not rushed.




