Canada’s Biggest Mortgage Renewal Year

Canada’s mortgage market entered its biggest renewal year on record, with 1.15M mortgages expected to renew in 2026 and many borrowers facing higher monthly payments.
An annual broker survey highlighted which lenders earned the most trust for speed, flexibility, competitive rates, and transparent service during this high-pressure renewal environment.
For the first time, the rankings split Prime and Alternative lenders into separate categories, reflecting different pressures shaping each side of Canada’s market.
One award-winning lender said its focus stayed on solutions and support for clients’ broader financial needs, underscoring how service mattered in renewal discussions.
In Canada’s high-pressure renewal market, lender performance offered a clear signal of what helped win stronger broker partnerships as renewals reshaped borrower and lender conversations.