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.
Canadian Economy
The S&P/TSX composite closed up 326.21 points at 36,335.61 on Sept. 22, 2026, led by materials and tech, as U.S. markets finished mixed.
The S&P/TSX composite closed down 584.18 points at 35,751.43 on Sept. 23, 2026, as basic materials sank, gold fell US$58 and U.S. indexes slid.
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%.
The S&P/TSX Composite closed at 35,874.26 on September 17, 2026, up 1.08%, as bond yields eased from multi-decade highs and oil prices retreated.
BRP Q2 results for fiscal 2027 show revenue of $2.24B, up 18.5%, a $136.8M net loss, raised FY27 guidance and a tariff warning for the third quarter.
Empire Company Q1 earnings rose 9.9% to $233 million on $8.475 billion in sales, as the Sobeys parent closed the Mayrand deal and added nine pharmacies.
The first Canada Investment Summit closed in Toronto with nearly $500 billion in commitments from banks, pension funds and investors. Here is the full breakdown.