The final half of 2025 marked a pivotal, yet contradictory, period for Canada's financial markets. While Bank of Canada (BoC) rate cuts  offered a glimmer of hope to squeezed households, the looming "Mortgage Renewal Wave" —the largest in Canadian history—continued to test the resilience of the nation's homeowners and the broader economy. This blog post breaks down the key trends, challenges, and forecasts defining the Canadian mortgage industry and financial markets in Q3 an