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The Bank of Canada building in Ottawa, with its glass towers behind the stone facade
Posted inLIFESTYLE

Bank of Canada Rate Explained: What 2.50% Means for Your Mortgage

Canada's central bank rate has moved again, and the number in the headlines is not the number on your mortgage statement. As of October 2026, the Bank of Canada's policy…
Posted by ReportRig.com November 3, 2026
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