Bank of Canada cuts policy rate to 2.50% — what it means for Canadian mortgages

Published September 17, 2025 • SkyCap Financial Editorial Team New policy rate (confirmed) Current BoC policy rate: 2.50% (as of Sept 17, 2025) — cut by 25 bps. Source: Bank of Canada press release. Why the Bank moved (latest data) Growth slowed: Real GDP fell 0.4% q/q in Q2 2025 (≈ –1.6% annualized). Source: Statistics […]