09/02/2026
🇨🇦 Bank of Canada holds its policy rate at 2.25%.
In today’s September 2 announcement, the Bank kept its key interest rate unchanged as it continues to assess economic growth and inflation.
Canada’s economy grew 3.3% in the second quarter, while inflation has been running around 3%, largely due to higher gasoline prices. Excluding gasoline, inflation was 2.2%, with core inflation close to 2%.
For buyers, sellers and homeowners, interest rates remain an important factor in affordability, purchasing power and overall real estate market activity.
🏡 Thinking of buying, selling, or making a move?
Let’s talk about what today’s market means for your plans.
Nasrin Zamani | REALTOR®
RE/MAX Crosstown Realty
📞 647-997-7280