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BoC Holds Key Rate at 2.25%

July 22, 2026
Cindy Pineo
Cindy Pineo

REALTOR® · RE/MAX Complete Realty

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Canada Holds Rate at 2.25%

BoC keeps interest rate at 2.25%, citing improving economic growth and expectations that inflation will gradually ease over coming months.

Inflation recently increased but core measures remain near target, with projections showing decline to 2.5% in late 2026 and 2% by 2027.

Risks include Middle East conflict and U.S. trade uncertainty; next policy meeting expected September 2026, where officials may reassess rates direction.

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Cindy Pineo

About the Author

Cindy Pineo

Cindy is a REALTOR® with RE/MAX Complete Realty, helping buyers and sellers across Okotoks, High River and southern Alberta since 2017. She’s known for patient, jargon-free guidance and a genuine love of helping first-time buyers feel confident.

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