The decision was widely expected by economists, who anticipated the central bank would stay on the sidelines while it waits for more clarity on how ongoing U.S.-Canada trade tensions will play out.

Trade tensions between Canada and the United States have escalated once again, adding a new layer of uncertainty to the Canadian economic and housing outlook.

According to recent data highlighted by Desjardins, developers are increasingly moving away from condominium projects and toward purpose-built rental housing.

The central bank has published its full calendar of 2027 rate announcements, giving borrowers, homeowners, and mortgage professionals key dates to watch.

While the decision was widely expected, the Bank's latest announcement struck a noticeably more optimistic tone than in previous months.

Gasoline prices increased 33.2% year over year in May, accelerating from the 28.6% annual increase recorded in April.

While many economists expected no change, the latest decision reflects the increasingly difficult position the Bank finds itself in.

The first full month of sales data since Ontario introduced its temporary HST rebate program is showing a noticeable increase in new home activity across the Greater Toronto Area, with single-family homes leading the recovery.

Rental conditions are becoming increasingly challenging for landlords and investors, particularly in high-supply regions like Ontario and British Columbia.

While a rate hold may seem routine, the reasoning behind it highlights a much more complex economic environment.

While the headline number is positive, it only partially offsets the sharp losses seen earlier this year and reinforces the idea that the labour market is stabilizing rather than strengthening.

Ontario has announced one of its most significant housing initiatives in years, and it could have a meaningful impact on affordability across the province.

The Bank of Canada has once again decided to hold its benchmark interest rate steady at 2.25%, marking the third consecutive pause following its last rate cut in October 2025.

Canada is one step closer to introducing a major housing affordability measure that could significantly reduce the cost of buying a newly built home.

After several years of declining residential construction activity, Ontario has finally posted a modest but notable increase in new home development to start 2026.

The Bank of Canada kept its benchmark interest rate unchanged at 2.25 per cent at its first policy decision of the year.

The Bank of Canada wrapped up 2025 by keeping its benchmark rate at 2.25 per cent.

Donald Trump reignited a national debate this week after proposing that Americans should be able to take out 50-year mortgages, a dramatic extension of the already long 30-year terms common in the United States.

Canada’s job market showed solid momentum in October, adding 67,000 new positions and nudging the unemployment rate down to 6.9%.

This marks the second consecutive rate cut in just two months, a clear signal that the central bank is prioritizing economic support amid slowing growth and ongoing global trade tensions.