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Fixed rates likely to jump as Iran conflict and economic unease continue to push yields higher

Markets and industry pros brace for another pivotal call on rates this Wednesday.

Governing Council’s latest hold left the next move wide open for March

Forecasters sees gradual rebound ahead as affordability kept buyers on edge

Canada’s economy looked to have stalled heading into year‑end, and that has forecasters leaning harder toward a Bank of Canada rate freeze that could stretch ... More

Hiring remained soft and unemployment ticked higher, but the central bank still isn't expected to cut soon

Stronger-than-expected GDP data supports a December rate hold from the Bank of Canada, but economists warn underlying weakness remains.

The bank’s economists believe the rate-cut cycle is over, and that Governor Macklem could be raising rates again by the second half of 2026.

Lower rates ease payments, but buyers and lenders stay cautious

After a year of expected rate cuts, forecasters are starting to question how long Canada’s easing cycle will last—and whether rates might start rising again in ... More

The Royal Bank of Canada (RBC) has projected that the Bank of Canada (BoC) will deliver another 25 basis point rate cut in October, following its September move to restart the ... More

The Bank of Nova Scotia and the Bank of Montral have both changed their forecast for the upcoming Bank of Canada interest rate decision set to be announced on September ... More

Fresh signs from inflation and trade could soon alter the path for interest rates in Canada

Variable rates are set to remain unchanged, while fixed-rate borrowing costs aren't likely to fall anytime soon

Canada’s big banks are divided on how much further the Bank of Canada will cut, with RBC now saying the rate has likely bottomed, while others still expect more easing ... More

Scotiabank has revised its interest rate forecast, now predicting the Bank of Canada will deliver three cuts in 2026 as the global economy feels the strain of escalating U.S. ... More

The central bank is treading carefully on the question of lowering rates again, but it may have no other choice

The Bank of Canada cut its overnight rate by 25 basis points to 2.75%, its seventh straight cut. While expected, the move comes as the Bank tries to navigate economic ... More

The Bank of Canada’s interest rate announcement arrives on Wednesday in a cloud of uncertainty thanks to a shifting trade war with the United States.

The Bank of Canada is now likely to cut interest rates at each of its next four announcements as the Canadian economy reels from the impact of Donald Trump’s tariffs, ... More

Trudeau says Trump is using the tariffs to destroy the Canadian economy and annex Canada as political leaders and economists weigh in on the growing crisis. As a result, the ... More

Loonie plummets, stocks fall, but maybe some relief for mortgage borrowers

Canada received a temporary reprieve from U.S. tariffs for at least 30 days, but if enacted, BMO warns the Bank of Canada may be forced to cut its policy rate to 1.50% by ... More

Tariffs are off the table for now – but both fixed and variable rates could still tumble

Canada’s 5-year bond yield has fallen to its lowest level since June 2022, following fresh concerns over economic uncertainty and global trade tensions.