Will Canada’s Rates Rise Again in 2027?

There's talk that the Bank of Canada, currently steady at 2.25%, could start raising rates again in 2027, with several major banks forecasting gradual increases. If the economy continues to strengthen and inflation remains stubborn, policymakers may have more reason to push rates higher. For homeowners—and those considering a move—this means borrowing costs could climb. At the same time, higher rates might boost returns on savings or fixed-income investments. As someone who guides clients through shifting markets with honesty and care, I believe it’s important to stay informed and weigh your next steps carefully in this changing environment. My focus is always on helping you navigate these changes with clarity and confidence.