The Canada mortgage rate forecast built on forward CORRA pricing shows the BoC rate rising to 3.50% and prime near 5.70% by the end of 2027.
Financial News
The OSFI Q3 release on Sept. 10, 2026 finalized CAR 2027, crypto-asset capital and interest rate risk rules, and pushed two items to later dates.
Canada’s Big Six banks are jointly exploring a digital deposits network built on tokenized Canadian-dollar deposits, weeks after OSFI clarified their legal status.
Canada’s Big Six banks digital deposits project will explore tokenized Canadian-dollar money, days after OSFI confirmed tokenized deposits are permissible.
The Bank of Canada summary of deliberations for the September 2, 2026 rate decision was published September 16 at 13:30 ET, with the policy rate held at 2.25%.
Canada’s OSFI says tokenized deposits are legally identical to traditional deposits, clearing a classification barrier for bank blockchain products.
The OSC Capital Markets Advisory Committee has named 13 members for a one-year pilot, with a first meeting this month and two existing committees paused.
OSFI IFRS 18 templates are now final, setting a January 2027 filing shift for federally regulated insurers plus a new 2027 mortgage insurer capital rule.
A Harris & Partners survey of 1,700+ employees finds work and financial stress harmed the mental health of 76% of Canadian workers in the past year.
Consumer insolvencies in Canada reached 140,669 in the 12 months to January 31, 2026 — about 385 filings a day, up 2.2% year over year.