If you're ready to buy a home (whether as a first-time buyer, a new-construction infill investor, or a duplex/4-plex investor) in the Winnipeg/Manitoba market, it's critical to understand how interest-rates and incentives affect what you can afford, and the timing of your move. Let's dig in.
1. The Big Picture: Why the Bank of Canada & Bond Yields Matter

The Bank of Canada (BoC) sets the overnight policy rate - when it moves, it influences the prime rate banks charge. This is especially important for variable-rate mortgages and HELOCs.