July 2026 Bank of Canada Update
July 2026 Bank of Canada Update
Posted on July 15, 2026
The Bank of Canada held its key policy rate steady at 2.25% today marking the sixth consecutive pause.
In its accompanying Monetary Policy Report it highlighted a balancing act between contained core inflation pressures, a gradually recovering economy, and ongoing global uncertainties. The decision keeps borrowing costs stable for households and businesses while the central bank continues to monitor incoming data.
John Chrisanthidis, Mortgage Broker (FSCO Lic. M08001294 Mortgage Intelligence FSCO Lic. 10428)
☎️ 416-890-1365
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