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//Construction Financing

Bank of Canada Rate Hike: What +25 bps Costs a Construction Loan

The Bank of Canada raised its policy rate to 2.50% on October 28, 2026, reversing last year’s cut. On a floating construction loan, +25 bps can add $50,000 to $250,000 a year. Five checks for Alberta developers before the next feasibility sign-off.

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Eros Belotti 01.

Eros Belotti, construction project manager
Eros belotti

Construction project manager with over 20 years of experience in Europe and the Canary Islands. Specialized in modular housing, container construction, real estate development and international project management. Founder of Reforma Vivienda Tenerife and Donkey Lab.

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