Canada · Bank of Canada rate decision · NSA
Canada interest rate (Target for the overnight rate): 2.50% on Oct 28 2026, up from 2.25% on Sep 2 2026.
In line with expectations (~2.50% expected). Reported by actionforex.com.
Next release: 9 Dec 2026.
The policy rate is the central bank's main interest rate, which sets the cost of short-term money across the economy. The chart shows each decision.
| Period | First print | Latest | Change |
|---|---|---|---|
| Oct 28 2026 | 2.50% | 2.50% | +0.25 |
| Sep 2 2026 | — | 2.25% | 0 |
| Jul 15 2026 | — | 2.25% | 0 |
| Jun 10 2026 | — | 2.25% | 0 |
| Apr 29 2026 | — | 2.25% | 0 |
| Mar 18 2026 | — | 2.25% | 0 |
| Jan 28 2026 | — | 2.25% | 0 |
| Dec 10 2025 | — | 2.25% | 0 |
| Oct 29 2025 | — | 2.25% | −0.25 |
| Sep 17 2025 | — | 2.50% | −0.25 |
| Jul 30 2025 | — | 2.75% | 0 |
| Jun 4 2025 | — | 2.75% | 0 |
Source: Bank of Canada