Banks / Canada

Bank of Canada

Banque du Canada

Policy rate: target for the overnight rate

Single target rate (the policy interest rate). Each statement also gives the Bank Rate (25 bp above the target) and the deposit rate (3.25% = target in Dec 2024; 5 bp below the target from Jan 2025).

Rate in force

2.25%

since 30 Oct 2025 · bankofcanada.ca/core-functions/monetary-polic…

Last observed decision

hold

Date
Rate
2.25%=2.25%
Statement
bankofcanada.ca/2026/09/fad-press-release-202…

Next meeting

Announced
09:45 Toronto time
Status
on the calendar
Source
bankofcanada.ca/2025/08/bank-canada-publishes…

Sources

The kinds of page this bank publishes. URLs are copied from the bank's own index, feed or sitemap, never built from the pattern. A source settles a question only once its reads total at least 5 right and 0 wrong.

SourceFound atPatternExampleReads (right / wrong / void)Status
Decision statementbankofcanada.ca/wp-sitemap.xmlhttps://www.bankofcanada.ca/<YYYY>/<MM>/fad-press-release-<YYYY-MM-DD>/bankofcanada.ca/2026/09/fad-press-release-202…1 / 0 / 04 Oct 2026: 1 / 0 / 0not resolvable yet
Calendarbankofcanada.ca/core-functions/monetary-polic…https://www.bankofcanada.ca/<YYYY>/<MM>/bank-canada-publishes-<YYYY+1>-schedule-policy-interest-rate-announcements-other-major-publications/bankofcanada.ca/2026/07/bank-canada-publishes…no reads yetnot resolvable yet
Rate historybankofcanada.cahttps://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/bankofcanada.ca/core-functions/monetary-polic…5 / 0 / 07 Oct 2026: 5 / 0 / 0resolvable
Press feedbankofcanada.ca/rss-feeds/https://www.bankofcanada.ca/content_type/press-releases/feed/bankofcanada.ca/content_type/press-releases/f…no reads yetnot resolvable yet

The bank's terms

In the bank's own words, summarised. We copy only the bare facts of a decision (date, rate, direction) and link to the bank for everything else.

Website content may be freely used, copied, distributed and transmitted if the Bank of Canada is attributed as the source (indicating changes), accuracy is preserved, and purchasers are told when content is resold; bank note images, the logo/wordmark and third-party content are excluded.
Terms page: bankofcanada.ca/terms/

bankofcanada.cabankofcanada.ca/press/press-releases/bankofcanada.ca/core-functions/monetary-polic…bankofcanada.ca/content_type/press-releases/f…

Data warnings