Markets broadly expect the Bank of Canada to hold its policy rate at the September 2 decision. For households, the more useful question is not whether they can predict the next cut, but whether their cash flow can withstand rates staying at current levels for longer.
Households preparing to renew, buy or refinance over the next 12 to 18 months may need to consider income stability, debt structure and upcoming funding needs together. Fixed mortgage rates respond more directly to the bond market, so a future policy-rate change would not necessarily move every mortgage rate at the same time.
Resilient planning leaves room in the household budget whether rates rise, fall or hold. This Guaranti Briefing is narrated in Chinese and includes bilingual Chinese–English subtitles. Information and market expectations are current as of the video’s publication date.
Originally published on Guaranti’s YouTube channel.