Bank of Canada leaves key interest rate unchanged at 2.25%

Belmor MortgageNews

By The Canadian Press Posted Dec 10, 2025 2:00 am. Last Updated Dec 10, 2025 9:56 am.  The Bank of Canada has left its key interest rate unchanged at its final rate decision of the year. The policy rate remains at 2.25 per cent after the Bank of Canada lowered it by a quarter point in October. Bank of Canada … Read More

Bank of Canada lowers key interest rate but signals cuts may be done

Belmor MortgageNews

By Craig Lord, The Canadian Press Posted Oct 29, 2025 2:00 am. Last Updated Oct 29, 2025 10:41 am.  OTTAWA — The Bank of Canada cut its benchmark interest rate by a quarter point Wednesday and signalled it may be satisfied with where the policy rate sits amid ongoing U.S. trade uncertainty. The central bank’s key rate now stands at … Read More

Bank of Canada cuts key interest rate to 2.5% as U.S. tariff risks shift

Belmor MortgageNews

By Craig Lord, The Canadian Press Posted Sep 17, 2025 2:00 am. Last Updated Sep 17, 2025 11:33 am. The Bank of Canada cut its benchmark interest rate by a quarter point on Wednesday as the central bank worries less about inflation risks and more about a slowing economy. The central bank’s policy rate now stands at 2.5 per cent, … Read More

Bank of Canada holds key rate at 2.75% as economy shows resilience to tariffs

Belmor MortgageNews

By Craig Lord, The Canadian Press Posted Jul 30, 2025 2:00 am. Last Updated Jul 30, 2025 8:42 am Signs of resilience in the Canadian economy were enough for the Bank of Canada to leave its benchmark interest rate unchanged Wednesday, but the spectre of U.S. trade uncertainty continues to cast a shadow over the central bank’s decisions. The central … Read More

Bank of Canada holds key rate at 2.75% as tariff uncertainty persists

Belmor MortgageNews

By Craig Lord, The Canadian Pres Posted Jun 4, 2025 2:00 am. Last Updated Jun 4, 2025 11:12 am. The Bank of Canada held its benchmark interest rate steady at 2.75 per cent Wednesday as policymakers keep waiting for more clarity on how tariffs will impact the economy. “Uncertainty remains high,” Bank of Canada governor Tiff Macklem said after the … Read More

Financial Programs Available to Help First-Time Home Buyers

Belmor MortgageNews

By David Elver If you’re like most Canadians, buying a home is probably the biggest investment you’ll ever make. But for first-time home buyers, just saving up enough money for the down payment can take years or even decades to accomplish. Thankfully, Canada’s federal and provincial governments offer several different programs designed to support first-time home buyers by offsetting some … Read More

Bank of Canada holds key rate steady amid trade war, economic uncertainty

Belmor MortgageNews

By The Canadian Press Posted Apr 16, 2025 2:00 am. Last Updated Apr 16, 2025 8:51 am The Bank of Canada left its benchmark interest rate unchanged Wednesday as it waits to get a clearer picture of how global trade uncertainty is going to impact the Canadian economy. The central bank held its policy rate steady at 2.75 per cent, … Read More

Bank of Canada cuts its key interest rate to 2.75% as tariffs roil economy

Belmor MortgageNews

By Craig Lord, The Canadian Press Posted Mar 12, 2025 2:00 am. Last Updated Mar 12, 2025 8:47 am The Bank of Canada lowered its benchmark interest rate by a quarter point on Wednesday as the tariff battle with the United States starts to weigh on the Canadian economy. The policy rate stands at 2.75 per cent after the central … Read More

Bank of Canada cuts key rate to 3% as tariffs threat loom

Belmor MortgageNews

By Nick Murray, The Canadian Press Posted Jan 29, 2025 2:00 am. Last Updated Jan 29, 2025 9:42 am The Bank of Canada delivered another interest rate cut on Wednesday, reducing its policy rate by a quarter percentage point to three per cent. But looming U.S. tariffs are weighing on the central bank’s economic outlook. The cut, the central bank’s … Read More