Summary of Governing Council deliberations: Fixed announcement date of September 2, 2026

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on September 2, 2026.

Our take: Live BoC release. Read the primary source before changing offer discipline or leverage assumptions.

In your underwriting: Re-check DSCR and stress payment against the current BoC 5-year mortgage series before waiving financing.