The Bank of Canada has maintained its key interest rate at 2.75%, taking a measured approach as inflation continues to ease and economic conditions remain uncertain. This decision marks a pause in what has been a series of rate cuts over the past year, reflecting a wait-and-see strategy while the effects of earlier monetary policy adjustments play out.
For clients of Lendworth Mortgage, this rate hold offers ongoing market stability and the chance to make informed, strategic moves—whether you're looking to refinance, secure private lending, or invest through our mortgage investment corporation. With our flexible equity-based lending solutions, Lendworth continues to support borrowers and investors navigating today’s evolving economic landscape.
The next interest rate announcement from the Bank of Canada is scheduled for June 4, 2025. We'll be watching closely and adjusting our strategies accordingly to ensure our clients remain ahead of the curve.