09/28/2026
The Bank of Canada held its overnight policy rate at 2.25% at its September 2 announcement.
The Bank continues to watch inflation, economic growth, energy prices and uncertainty surrounding U.S. trade policy. Its next scheduled interest-rate announcement is October 28, 2026.
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.