04/16/2025
📢 Market Update: Bank of Canada Holds Policy Rate at 2.75% 📢
The Bank of Canada has announced that it will hold the policy interest rate steady at 2.75%. This decision reflects ongoing efforts to balance inflation control with economic stability.
🔑 What this means for you:
âś… Continued stability in borrowing costs
âś… Potential opportunity for buyers to act before future rate changes
âś… A great time to revisit mortgage strategies and financing options