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Differing CMBA Responses to Interest Rate Decision: An Analysis
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Differing CMBA Responses to Interest Rate Decision: An Analysis
On June 10th, 2026, the Bank of Canada (BoC) announced that it would be holding interest rates steady at 2.25%. Citing the volatile backdrop of war in the Middle East, uncertainty regarding trade policy with the United States, and rising inflation, the BoC maintained a steady rate for the fifth decision in a row. This choice to do so produced two notably different responses from branches of the Canadian Mortgage Brokers Association (CMBA).Repres…
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