Bank of Canada

The Central Bank of Canada

The Bank of Canada implements monetary policy by influencing short-term interest rates.

It adjusts its policy rate through eight monetary policy meetings every year.

Recent Policy Rate

3.00%
2.00%
1.00%
0.00%
2.25%Jan 26 2.25%Mar 26 2.25%Apr 26 2.25%Jun 26 2.25%Jul 26 2.25%Sep 26 2.50%Oct 26Dec 26
Rates and Change
DateRate
26/12/09[TBD]
26/10/282.50% [+0.25%p]
26/09/022.25%
26/07/152.25%
26/06/102.25%
26/04/292.25%
26/03/182.25%
26/01/282.25%