Bank of Canada Holds Rate at 2.25% as Inflation Risks Rise - South Asian Daily

Canada Mortgage Rates Rise While BoC Holds at 2.25%—What Bank Investors Should Watch

Canada’s fixed mortgage market is tightening even though the Bank of Canada has not raised its overnight rate. The cleanest evidence is in government bonds: the benchmark five-year yield climbed from 3.14% on July 15 to 3.44% on September 8, a 30-basis-point move. That repricing can lift new fixed mortgage offers and renewal costs independently…

Bank of Canada Holds Rate at 2.25% as Inflation Risks Rise - South Asian Daily

On Wednesday, September 2, 2026, the Bank of Canada held its overnight lending rate steady at 2.25% where it has now remained for almost a year. This move was widely expected by analysts. Gross Domestic Product (GDP) grew by 3.3% in the second quarter, while the unemployment rate edged down to 6.4% in July. Combined […] The post Bank of Canada Holds Rate at 2.25% as Inflation Risks Rise first appeared on South Asian Daily.