Your Variable Mortgage Just Got More Expensive — Now What? If you have a variable-rate mortgage in Canada, October 28, 2026 was not a quiet day for your household budget. The Bank of Canada raised its key policy rate by 25 basis points, from 2.25% to 2.50%. It was the first rate hike since July 2023, and it arrived with September inflation still running at 3.1% — above the … [Read more...] about Your Variable Mortgage Got Pricier: 5 Moves After the Hike

