Recent News & Notes
Jul. 15, 2026
Bank of Canada holds key rate steady as confidence grows in economic rebound
Jun. 11, 2026
Bank of Canada holds key rate as Macklem downplays recession talk
Mar. 20, 2026
Bank of Canada holds key interest rate at 2.25 per cent
Dec. 10, 2025
Bank of Canada leaves key interest rate unchanged at 2.25%
Nov. 03, 2025
Bank of Canada lowers key interest rate but signals cuts may be done
Current Mortgage Rates
| Term | Rate |
| Prime Rate (P) | 6.70% |
| Closed Variable | P – 0.90% |
| Open Variable | P + 3.30% |
| 6 Month Closed | 6.44% |
| 1 Year Closed | 6.04% |
| 2 Year Closed | 5.69% |
| 3 Year Closed | 5.29% |
| 4 Year Closed | 4.64% |
| 5 Year Closed | 4.34% |
| 7 Year Closed | 5.74% |
| 10 Year Closed | 5.94% |
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As of April 21, 2023. Rates subject to change without notice, OAC, E&OE |
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