July 2025

Bank of Canada holds policy rate at 2¾%

Posted on Jul 30, 2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

While some elements of US trade policy have started to become more concrete in recent weeks, trade negotiations are fluid, threats of new sectoral tariffs continue, and US trade actions remain unpredictable. Against...

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How will mortgage payments change at renewal? An updated analysis

Posted on Jul 19, 2025

Hello Neighbours, 

I hope you are doing well. 

Bank of Canada has an unmatched information page for the 'Mortgage wall' we are hearing so much about. The buzz about the mortgage renewals in 2025/ 2026 and how this will affect home prices, is worth a short read. 

Here is a link to the Bank of Canada's organized report-

LINK


Call Rick to work on your real es...

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