Interest Rates Up, or Down, in 2026: Bank of Canada

The Bank of Canada starts 2026 flying blind, with U.S. economic uncertainty driving its interest-rate thinking. The Bank held rates at 2.25% while making it clear the outlook could justify either cuts or hikes, depending on how trade tensions, inflation, and financial conditions evolve. #bankofcanada #canadianeconomy #CanadaUSTradeWar Links: Interest rate announcement & release of the Monetary Policy Report / Annonce du taux directeur & RPM: https://www.youtube.com/watch?v=Fvgaw5mSER4 Bank of Canada leaves key rates as 2.25%: https://www.youtube.com/watch?v=cfXBxpUMq6Y Bank of Canada holds key interest rate at 2.25% despite Trump tariff threats, ‘uncertain economy’: https://www.thestar.com/business/bank-of-canada-holds-key-interest-rate-at-2-25-despite-trump-tariff-threats-uncertain/article_fcc72a4b-48e4-4d0c-934d-703d44573e31.html Bank of Canada maintains policy rate at 2¼%: https://www.bankofcanada.ca/2026/01/fad-press-release-2026-01-28/ Bank of Canada maintains key interest rate at 2.25%, says 'timing or direction' of next rate change uncertain: https://ca.finance.yahoo.com/news/bank-of-canada-maintains-key-interest-rate-at-225-as-cusma-negotiations-loom-120033036.html?guccounter=1 Bank of Canada governor defends U.S. Fed's Powell amid Trump administration probe: https://www.cbc.ca/news/politics/bank-of-canada-jerome-powell-9.7042719 Millions of Canadians were bracing for a mortgage shock that never happened: https://thelogic.co/news/analysis/housing-mortgage-shock-canada-banks/ How will mortgage payments change at renewal? An updated analysis: https://www.bankofcanada.ca/2025/07/staff-analytical-note-2025-21/#chart3 Bank of Canada Holds at 2.25% as Uncertainty Binds Rate Path: https://www.bloomberg.com/news/articles/2026-01-28/bank-of-canada-holds-at-2-25-as-uncertainty-binds-rate-path 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