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BoC Decision Day: What a Hold at 2.25% Means for Your Mortgage

  Published September 2, 2026 Tomorrow's date has been sitting at the bottom of every Canadian Money Brief for weeks, and it's finally here. The Bank of Canada announces its overnight rate decision on Wednesday, September 2 at 9:45 a.m. ET, with Governor Tiff Macklem holding a press conference at 10:30. Every economist polled by Reuters — all 35 of them — expects the same outcome: a hold at 2.25%, the eighth straight meeting without a move. That's the headline. The more useful question for your wallet is what a "boring" hold actually does — and doesn't do — to your mortgage, and why two of the Big Six banks think the boring streak is about to end. Why a hold is the almost-certain call The Bank has a genuinely awkward setup heading into this meeting. On one side, the economy just posted its best quarter in years: GDP grew at a 3.3% annualized pace in the second quarter, well ahead of the Bank's own 2.5% forecast, and July's jobs report added a blowout ...

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"Strength does not come from physical capacity. It comes from an indomitable will.” by Mahatma Gandhi

 


This quote by Mahatma Gandhi is a powerful reminder that strength is not just a physical attribute, but a mental and emotional one as well.

 Mahatma Gandhi, was the leader of the Indian independence movement and a champion of nonviolence.  He demonstrated his indomitable will in his nonviolent resistance against British colonial rule in India, inspiring millions of people to follow his example. 

He showed that strength comes from conviction, courage, and perseverance, not from brute force or violence. This quote can inspire us to overcome our own challenges and difficulties with the same spirit of determination and resilience.




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