September 2026

Reactions to latest interest rate announcement

Posted on Sep 09, 2026

Random comments followed the Bank of Canada’s decision to keep the overnight interest rate at 2.25 per cent for the eighth consecutive announcement.
The last time the interest rate was higher than 2.25 per cent was October 28, 2025. The next day it was lowered by .25 per cent.
This is an excerpt from the opening statement by Bank of Canada Governor T...

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Bank rate unchanged at 2.25 per cent since October 2025

Posted on Sep 09, 2026

As reported by the B.C. Real Estate Association's Chief Economist, Brendon Ogmundson:
In the statement accompanying the decision, the Bank of Canada highlighted a broad-based recovery in the Canadian economy over recent months, while underlining potential threats to its sustainability as headwinds persist. The Bank projects growth of just 0.7 per ce...

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