Bank of Canada Rate Hike to 2.5%: What It Means for Alberta

Bank of Canada Rate Hike to 2.5%: What It Means for Alberta

Russ
Published on: 09/11/2026

The Bank of Canada raised its policy rate to 2.5% on October 28, 2026, and prime rose to 4.70%. See what it means for your mortgage and for selling in Alberta.

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Alberta home seller guides

Plain answers on fees, timelines and your options when you sell a house in Edmonton, Calgary or Red Deer.

Thinking about selling?

A written offer can happen as early as 24 to 48 hours. The conversation is private and you are free to say no.