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Canada’s banks are once again projecting that interest rates are headed higher — but given how badly they misjudged the last rate cycle, it’s worth asking whether their forecasts reflect economic reality or incentives that benefit their own bottom line. #CanadaInterestRates #bankofcanada #CanadianBanks Links: Bank of Canada rate forecasts: https://www.canadianmortgagetrends.co... Fixed Mortgage Rates Continue to Rise: https://www.canadianmortgagetrends.co... Monetary aggregates: https://www.bankofcanada.ca/rates/ind... Bank of Canada - Banque du Canada: / @bankofcanadaofficial Bank of Canada assets and liabilities: Month-end (formerly B1): https://www.bankofcanada.ca/rates/ban... Why your 2026 mortgage renewal could jump 40% — or fall by 20%: https://ca.finance.yahoo.com/news/why... Central bankers are not robots: https://economics.cibccm.com/cds?id=8... Higher Rates to Weigh On, not Upend, Canadian Housing Markets: https://economics.td.com/ca-housing-r... Canada's inflation rate rises to new 30-year high of 4.8%: https://www.cbc.ca/news/business/infl... Interest Rate Hikes Good News for Canadian Banks: https://evolveetfs.com/2023/02/intere... Canada 5 Year Government Bond: https://www.marketwatch.com/investing... Fixed Mortgage Rates Are Rising. Are Variable Rates Next?: https://www.canadianmortgagetrends.co... NHA Mortgage-Backed Securities: https://assets.cmhc-schl.gc.ca/sites/... Banks are sitting on $500 billion in unrealized losses, and stagflation could cause another Silicon Valley Bank-like crisis: https://fortune.com/2025/05/14/banks-... RBC Mortgage Rates – Wayback Machine: https://web.archive.org/web/202111292... Too Much Money Can Exacerbate Inflation: https://economics.td.com/domains/econ... BoC to hold steady in 2026, start hiking again next year: RBC: https://www.mpamag.com/ca/mortgage-in... Posthaste: U.S. tariffs against Canada keep falling, but is that just the quiet before the CUSMA storm?: https://financialpost.com/news/u-s-ta... TD Bank charges $30,000 mortgage penalty to woman forced to sell home due to pandemic: https://www.cbc.ca/news/business/mort... Canada on recession watch, economy on 'life support': Economist: https://torontosun.com/news/national/... Mark Mitchell – Mortgage Broker London Ontario 920 Commissioners road east London, Ontario N5Z 3J1 Phone: (519)860-2102 (Call or Text) MarkMitchell@LondonOntarioMortgages.ca Brokerage Lic: 10464 Broker Lic: M16001479 https://www.LondonOntarioMortgages.ca – Apply Online!! Youtube Channel: / markmitchellmortgagebrokerlondonontario Subscribe NOW for more Mortgage/Financial News/Videos. Follow me on Social Media: Instagram - / mortgagebrokerlondonontario Facebook - / londonontariomortgages Twitter - / londonmortgage1 LinkedIn - / mark-mitchell-london-s-mortgage-broker-197... TikTok - https://www.tiktok.com/@mortgagebroke... Commentary on this Channel should not be considered financial advice.