by Simon Browning | Aug 7, 2026 | Bank of Canada, Mortgage Minute
CANADA ADDS 75,000 JOBS, MAKING A RATE CUT LESS LIKELY Statistics Canada reported the economy added 75,000 jobs in July, far outpacing forecasts of roughly 15,000. The unemployment rate ticked down to 6.4 percent. A jobs report this strong gives the Bank of Canada...
by Simon Browning | Jul 17, 2026 | Bank of Canada, Mortgage Minute
BANK OF CANADA HOLDS AT 2.25%, BUT FIXED RATE PRICING IS DRIFTING The Bank of Canada held its overnight rate at 2.25% on July 15, the sixth consecutive hold since the cutting cycle ended last October. Prime rate stays at 4.45%. The decision was widely expected. Annual...
