Blog
Clear • Secure • Tailored Mortgage Solutions
Interest Rate Announcement – July 30 2025
July 30, 2025 | Posted by: Matthew J. Charlton
As expected, the Bank of Canada left its policy rate unchanged at 2.75%.
The next rate announcement is scheduled for Wednesday, September 17 2025.
'The Bank of Canada faced a tough decision with the economic turbulence and erratic U.S trade policy we are currently facing, while inflation has risen. Tariffs are the top inflation concern among consumers, with the majority citing trade tensions as the main obstacle to price stability. Recent threats of a broad 35% tariff from the U.S. add to economic uncertainty and are keeping inflation expectations sticky. Future rate relief will be critical, particularly as our latest housing market reporthighlights the growing financial strain on Canadians, whether entering the market or renewing their mortgages.'
- Lauren van den Berg, President and CEO of Mortgage Professionals Canada
See Current Rates
