canadian mortgage rate impact

Bank of Canada expected to hold interest rates steady, but renewed trade war muddies economic outlook: Steady Interest Rates

Steady Interest Rates or Trade War Hurt First‑Time Buyers?

In 2026, the Bank of Canada will likely keep its policy rate at 5.0% to keep mortgage costs predictable, yet escalating trade tensions can still inflate down-payment requirements. Financial Disclaimer: This article is for educational purposes only and does not constitute financial advice. Consult a licensed financial advisor before