Mortgage Minute: June 2026
Market News
Mortgage Minute: June 2026
Posted on June 10, 2026
The Bank of Canada maintained its key policy interest rate at 2.25%, holding steady as widely expected amid a soft economy, elevated trade uncertainty from U.S. tariffs, and higher energy-driven inflation linked to the Middle East conflict.
The Bank continues to look through near-term inflation pressures from energy prices while monitoring for any broadening, balancing support for growth with price stability in a high-uncertainty environment. The next rate decision is scheduled for Wednesday, July 15, 2026.
John Chrisanthidis, Mortgage Broker (FSCO Lic. M08001294 Mortgage Intelligence FSCO Lic. 10428)
☎️ 416-890-1365
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