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Big Six Banks Raise Fixed Mortgage Rates: What Your Renewal Costs Now

  Canadian Money Brief • Mortgages Updated Saturday, October 17, 2026 If your mortgage term ends this winter, the rate you saw advertised in August is probably gone. All six of Canada’s big banks have raised fixed rates since early September, and the Bank of Canada hasn’t touched its policy rate in almost a year. That disconnect catches a lot of homeowners off guard. Your fixed mortgage rate doesn’t follow the Bank of Canada. It follows the bond market. And bond yields have been climbing on oil-driven inflation worries, which means the people feeling it first right now are the ones opening a renewal letter. The numbers at a glance Up to 0.50 pt in fixed-rate increases at the big banks in about five weeks • BoC policy rate still 2.25% • Big bank prime still 4.45% • About $110 a month more on a $400,000 balance from a half-point jump How far have the big banks moved? Depending on the term, some big bank fixed rates are up by as much as half a percentage point in roughly five week...
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International Women’s Day 2024: Celebrating #InspireInclusion

 

On March 8, 2024, we commemorate International Women’s Day, a global event that recognizes the achievements, contributions, and resilience of women across the world. This year’s theme, #InspireInclusion, calls for action to break down barriers, challenge stereotypes, and create environments where all women are valued and respected.

What Is #InspireInclusion?

  • #InspireInclusion encourages everyone to recognize the unique perspectives and contributions of women from all walks of life, including those from marginalized communities. It’s about fostering a sense of belonging, relevance, and empowerment for women everywhere.
  • By inspiring others to understand and value women’s inclusion, we forge a better world. When women themselves feel included, they experience a profound sense of belonging and empowerment.

How Can You Participate?

  1. Share Your #InspireInclusion Photos and Messages: Join the movement by posting your photos and messages that celebrate women’s diverse voices, achievements, and stories. Use the hashtag #InspireInclusion to amplify the message.
  2. Challenge Stereotypes: Engage in conversations that challenge stereotypes and biases. Advocate for equal opportunities and representation.
  3. Support Women Year-Round: While International Women’s Day is a powerful moment, let’s remember that supporting women is an ongoing commitment. Be an ally, mentor, or advocate throughout the year.

Let’s celebrate the women who inspire us, honor their resilience, and work collectively to create a world where every woman’s voice matters. Happy International Women’s Day!


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