Bank of Canada Divided on Rate and Economic Outlook
Bank of Canada holds its policy rate at 2.25%, while Governing Council members differ on the economic recovery, inflation risks and what may come next for mortgage borrowers in Canada.
CMHC Summer 2026 Outlook: Ontario & GTA Housing Market
CMHC forecasts Ontario’s housing market will remain weak through 2026, with lower home sales, declining prices, and reduced housing starts. GTA activity is expected to recover gradually beginning in 2027. Buyers may see improving opportunities over the next two years.