07:40 AM EDT, 09/10/2025 (MT Newswires) -- The Bank of Canada policy meeting is set for next Wednesday and a 25bps rate cut is almost fully priced, with 50 bps of easing priced in through March 2026, said Bank of Montreal (BMO).

If so, that would take variable mortgage rates down into the mid-3% range, at which point the bank would have to "seriously" start thinking about the housing market coming back to life.