Bank of Canada Cuts Interest Rates Again

October 2025 Bank of Canada Rate Cut

The Bank of Canada cut its key rate to 2.25%, the lowest since 2022. It’s good news for Ontario borrowers but comes amid rising unemployment and slow growth.

Bank of Canada Maintains Overnight Rate

Bank of Canada Announcement - June 2025

BoC holds rate steady at 2.75%. Impact on Ottawa and Ontario mortgages: variable-rate relief delayed, fixed-rate changes anticipated. Stay informed on potential rate cuts.