Those with variable-rate mortgages will need to keep their champagne on ice; the Bank of Canada isn't ready to pop the cork on lower rates just yet. Instead, it left its policy rate at its estimated "neutral" level of 2.75%.
For mortgage shoppers, we'll outline how to survive this will-they-won’t-they rate saga. But before delving into strategies, let's unpack the critical takeaways from today's BoC verdict: