Bank of Canada maintains overnight rate. Your variable rate mortgage remains unchanged.  The Bank is ending quantitative easing (QE) and moving into the reinvestment phase, during which it will purchase Government of Canada bonds solely to replace maturing bonds. It still states  the economy continues to require considerable monetary policy support.   The Bank backed off describing inflation as ‘transitory’ and now is closely watching inflation expectations and labour costs to ensure that the temporary forces pushing up prices do not become embedded in ongoing inflation.  Recovery estimated ‘sometime in the middle quarters of 2022’.

Next announcement Dec 9.