Episode 67: Bank of Canada Paused… So Why Are Fixed Rates Back Over 4%? Artwork

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Episode 67: Bank of Canada Paused… So Why Are Fixed Rates Back Over 4%?

December 16, 2025 • Alex Pang & Alex Shanks • Episode 67

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Bank of Canada held the policy rate at 2.25%—but bond yields jumped and 5-year fixed rates climbed back above 4%. We break down why the latest “strong” jobs data may be seasonal noise (part-time youth jobs + people stopping the job search), what that means for variable vs fixed, and why fear-based mortgage advice is dangerous. Plus: falling rents, rising insolvencies, massive Toronto development charges, foreign capital talk, and a warning for anyone trying to “flip” presales in 2026.

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