10/18/2026
The rate call starts tomorrow.
Monday, October 19 is one of the busiest data days on the Bank of Canada's calendar. Three releases land together: the Business Outlook Survey, the Canadian Survey of Consumer Expectations, and September CPI from Statistics Canada.
Together they give the Governing Council its final picture before the October 28 rate decision. Markets currently put the odds of the policy rate holding at 2.25% at about 76% (WOWA Canada). Those are market-implied odds, not a certainty, and Monday's numbers can move them.
Why it matters for commercial real estate: the rate path feeds directly into borrowing costs, cap-rate expectations and refinancing timelines.
Bas Almhithawi, Broker
Bassell Commercial Real Estate | HomeLife Landmark Realty Inc., Brokerage