Bank of Canada Holds Rates, Shrugs at 2026

The Bank of Canada held rates again, but the real headline is how much uncertainty they revealed. From shaky data to unclear U.S. trade risks, the bank’s outlook for 2026 sounded more like damage control than confidence. #bankofcanada #canadianeconomy #canadianinterestrates Links: Interest rate announcement / Annonce du taux directeur: https://www.youtube.com/watch?v=zRHcXuvVqjQ Monetary Policy Decision Press Conference Opening Statement: https://www.bankofcanada.ca/2025/12/opening-statement-2025-12-10/ Bank of Canada holds interest rate at 2.25%, citing resilient economy: https://financialpost.com/news/economy/bank-of-canada-holds-interest-rate-december-10 Bank of Canada Holds Policy Rate Steady, Sticks With Tepid Outlook: https://www.wsj.com/articles/bank-of-canada-holds-policy-rate-steady-sticks-with-tepid-outlook-1e987f87 Board of directors: https://www.thomsonreuters.com/en/about-us/board-of-directors Bank of Canada maintains policy rate at 2¼%: https://www.bankofcanada.ca/2025/12/fad-press-release-2025-12-10/ The GST/HST holiday begins Saturday: https://www.cbc.ca/news/politics/gst-hst-holiday-how-it-works-1.7407763 Tariffs have done damage but economy's resilient: Bank of Canada: https://www.bnnbloomberg.ca/video/shows/the-open/2025/12/10/tariffs-have-done-damage-but-economys-resilient-bank-of-canada/ Bank of Canada holds key interest rate at 2.25%, gives no timeline for increases: https://ca.finance.yahoo.com/news/bank-of-canada-expected-to-hold-benchmark-interest-rate-today-as-market-chatter-turns-to-possible-hikes-ahead-120009898.html Bank of Canada leaves interest rates unchanged—just like it said it would: https://thelogic.co/news/bank-of-canada-holds-key-interest-rate-steady-amid-signs-economy-is-stabilizing/ Canada 5 Year Bond: https://www.cnbc.com/quotes/CA5Y-CA Markets bet Bank of Canada hikes by late 2026 after jobs surprise: https://www.canadianmortgagetrends.com/2025/12/markets-bet-bank-of-canada-hikes-by-late-2026-after-jobs-surprise/ Bank of Canada plans to keep interest rate near zero until 2023: https://www.cbc.ca/news/canada/bank-of-canada-rate-decision-1.5779813 Residential Mortgage Industry Report Fall 2025 Edition: https://www.cmhc-schl.gc.ca/professionals/housing-markets-data-and-research/housing-research/research-reports/housing-finance/residential-mortgage-industry-report Monetary aggregates: https://www.bankofcanada.ca/rates/indicators/key-variables/monetary-aggregates/ 'No major compelling reason' for the Bank of Canada to cut rates today, economists say: https://financialpost.com/news/bank-of-canada-cut-rates-this-week-economists Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: https://www.youtube.com/c/MarkMitchellMortgageBrokerLondonOntario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - https://www.instagram.com/mortgagebrokerlondonontario Facebook - https://www.facebook.com/londonontariomortgages Twitter - https://twitter.com/londonmortgage1/ LinkedIn - https://www.linkedin.com/in/mark-mitchell-london-s-mortgage-broker-197842123/ TikTok - https://www.tiktok.com/@mortgagebrokerlondon?lang=en Commentary on this Channel should not be considered financial advice