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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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Market Rebound: Dow, S&P 500, Nasdaq Futures Inch Higher Amid Tariff Relief Hopes

                                           

 U.S. stock futures edg    ed higher on Wednesday, signaling a potential rebound from recent sharp sell-offs. Investors are hopeful that President Donald Trump may soon scale back his new tariffs on Canada and Mexico. This optimism comes after Commerce Secretary Howard Lutnick suggested that an existing Trump trade deal could provide a pathway to relief on some imports for these countries as early as Wednesday.

Futures for the S&P 500 and Dow Jones Industrial Average both rose around 0.1%, while contracts on the tech-heavy Nasdaq 100 advanced 0.3%. However, a soft print on labor-market hiring revived worries about a potential economic slowdown. Data from ADP showed that private-sector companies added just 77,000 jobs in February, significantly below economist expectations.

President Trump, in an address to Congress, acknowledged the current economic discomfort but reassured markets by stating, "There'll be a little disturbance, but we're OK with that. It won't be much". The S&P 500 hit its lowest level in four months on Tuesday, erasing all of its post-election gains, amid retaliation to Trump's implementation of 25% tariffs on Canada and Mexico and doubling duties on China.

As the market awaits further developments, investors remain cautious but hopeful for a resolution that could stabilize the economic landscape.



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