Adeniran Abayomi-Bero

Rates on hold: All six major banks expect the BoC policy rate to stay at 2.25% through 2026.

No near-term cuts: Stable core inflation limits justification for additional easing.

Borrowing costs steady: Variable mortgage and HELOC rates likely remain broadly unchanged.

Housing impact: Rate stability supports affordability and calmer housing market conditions.

Big Six Banks Rate Outlook 2026

Millionaires use the TFSA to grow wealth tax-free over long horizons. 

They prioritize consistent contributions and avoid locking funds unnecessarily. 

Allocating growth-oriented assets inside the TFSA boosts compounding benefits. 


Withdrawals remain tax-free, offering flexibility without penalty. 
Start early and maximize annual TFSA room for long-term success.