06/10/2026
📣 Bank of Canada keeps overnight policy rate at 2.25%.
The Bank of Canada has maintained its overnight policy rate at 2.25%, as it continues to assess a global environment shaped by elevated energy prices and ongoing uncertainty surrounding U.S. trade policy. Despite these conditions, the Canadian economy continues to demonstrate resilience.
Growth is expected to strengthen in the second quarter of 2026 following a modest contraction earlier in the year. Inflation reached 2.8% in April, driven by higher energy costs, while core inflation has eased to around 2% and broader price pressures continue to moderate.
📆 Next update: July 15, 2026
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