Bank of Canada - Humber Bay Mortgages

Bank of Canada Holds at 2.25%, Toronto Mortgage Arrears Climb, and Ontario’s HST Rebate Boosts New Builds – Mortgage Minute July 17, 2026

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...

Bank of Canada Holds at 2.25%, Toronto Mortgage Arrears Climb, and Ontario’s HST Rebate Boosts New Builds – Mortgage Minute July 17, 2026

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