The Bank of Canada has decided to hold its key rate steady at 2.25%, pointing to an ongoing economic recovery and growing inflation concerns. We’ve seen Canada’s GDP climb by 3.3% in Q2, while unemployment nudged down to 6.4% as of July. The next rate announcement is set for October 28, 2026, when the Bank will review both inflation and broader economic trends.
As someone who’s spent 15 years helping Muskoka families navigate both the numbers and the nuances of real estate, I know how much these decisions can impact your plans—whether you’re considering your first home, looking to move up, or planning your next chapter. Staying informed about these shifts matters, especially in times when every percentage point can shape your options. My background as an MPAC property inspector means I’m always watching how policy changes ripple through property values in our community, and I’m here to keep you updated as we head toward the next decision.
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