Today's decision leaves the policy interest rate at 2.25%, as many major Canadian banks and economists expected. By: STOREYS Editorial Team | January 28, 2026 On Wednesday, the Bank of Canada held its policy rate at 2.25%, following a series of cuts in 2025 that brought the benchmark overnight rate to its current level. Leading up to the announcement, many major Canadian banks — including RBC, TD, and CIBC — came into 2026 expecting the Bank to maintain a steady policy stan

The New World Order: Navigating Your Mortgage Strategy Amid Uncertainty. April 2025 In the current fast-changing economic climate, flexibility is everything—especially when it comes to your mortgage. With inflation heating up, global trade tensions rising, and a Canadian federal election just months away, we’ve entered a period of economic uncertainty unlike anything we've seen in recent years. Whether you’re a homeowner or planning to buy, adapting will be key in 2025. The B

BOC Rate Cut and Tariffs Kick Off 2025: Preparing Your Mortgage Strategy Amid Economic Uncertainty On January 29, the Bank of Canada (BOC) reduced the overnight rate by 0.25% to 3.0%, marking its sixth consecutive rate cut and a total of 2.00% in cuts since the start of this loosening cycle. This adjustment brings the average bank Prime rate for consumers to 5.20%. The BOC also announced the end of its “quantitative easing” program, which had injected extra funds into the ec

VINE GROUP COMMENTARY Exciting changes were proposed to Canada’s federal mortgage policy yesterday. Through these proposed changes, we will see the maximum purchase price for insured mortgages increase to $1,500,000. This means, you can now purchase a home for over $1,000,000 (up to $1,500,000) with less than 20% down payment. Additionally, amortizations on insured mortgages will increase to 30 years, up from the previous standard of 25 years (this will help with cash flow an

A big thank-you to Tyler from Vine Group for hosting another great market update session! He has provided some great resources and tools...

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday.

The Bank of Canada cut its key interest rate to 4.5 per cent on Wednesday.

VANCOUVER, British Columbia, May 21, 2024 (GLOBE NEWSWIRE) -- Today, Sutton Group, a leading Canadian real estate platform with 200

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- McCredie Investments, led by real estate entrepreneur Ross McCredie

In today's fast-paced world, the real estate landscape is evolving, with modern amenities becoming a key factor for homebuyers and renters.

Cool Summer Cooking Imagine walking into your own outdoor kitchen complete with a built-in barbecue grill, sink, mini fridge, pizza oven,...

Hello, SQ! Tyler Lipinski from Vine Group would like us to get the word out about their Rate Insurance Program. In a nutshell, the program guarantees that if your client obtains a pre-approval now and the rates drop between now and the closing date, your client will get the lower rate. The program also ensures that if the rate goes up, they will get the lower rate they were pre-approved at. So, what does all this mean? It means this is a great time to call your fence-sitt

Spring Market Kick-off and How to Navigate Mortgage Rates The spring market is underway, and a notable uptick in sales activity has occurred nationwide. This could be attributed to a milder winter, but it's also noteworthy that home buyers are entering the market earlier than usual, with sales momentum for 2024 already showing an early rise. The national benchmark home price increased for the first time since June 2023, reaching $720,500 in February. This is up 1.80% from las

On September 6, 2023, City Council approved graduated Municipal Land Transfer Tax (MLTT) rates with additional thresholds for high-value

By Scott Westlake - The Westlake Team Today's inflation report showed a continued improvement, mainly due to falling year-over-year (y/y)...

The end of rate increases and why variable rates might be the best solution for many. During their October meeting, the Bank of Canada...

Memo from Tina O'Brien Please see below the sobering numbers on the housing deficit in the backdrop of immigration and the swell in the...

What next? Navigating the current rate environment & strategically preparing for the future The recent increase by the Bank of Canada in...

By Scott Westlake - The Westlake Team As expected, the central bank held the overnight rate at 4.5%, ending, for now, the eight...

Canadian inflation decelerated meaningfully in January despite the continued strength in the economy. Labour markets remain very tight,...