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The Bank of Canada announced this morning that it was keeping that trendsetting interest rate, which directly impacts va...
06/10/2026

The Bank of Canada announced this morning that it was keeping that trendsetting interest rate, which directly impacts variable mortgage rates, at its current level of 2.25%. That marks the fifth consecutive rate hold in a row, a streak that began in December and has continued through 2026.

The next scheduled date for announcing the overnight rate target is July 15, 2026. The Bank’s next MPR will be released at the same time.



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%.

The Bank of Canada maintained its policy interest rate at 2.25% on April 29, 2026, marking the fourth consecutive hold. ...
04/29/2026

The Bank of Canada maintained its policy interest rate at 2.25% on April 29, 2026, marking the fourth consecutive hold. Citing ongoing global turmoil and energy price shocks from Middle East conflicts, the Bank holds steady, maintaining the rate following 4 rate cuts in 2025.

The Bank of Canada’s next announcement is scheduled to arrive on June 10, the first of its last five rate decisions of the year.



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%.

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 rat...
01/28/2026

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%.

The next scheduled date for announcing the overnight rate target is March 18, 2026. The Bank’s next MPR will be released on April 29, 2026.



Automatically view the rate announcement the moment it is published.

The Bank of Canada (BoC) held its interest rate firm at 2.25%.The hold comes after the central bank cut its rate in Octo...
12/10/2025

The Bank of Canada (BoC) held its interest rate firm at 2.25%.
The hold comes after the central bank cut its rate in October by 25 basis points. The next scheduled date for announcing the overnight rate target is January 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%.

Bank of Canada delivers second consecutive cut to key interest rate, lowering it to 2.25%.The next scheduled date for an...
10/29/2025

Bank of Canada delivers second consecutive cut to key interest rate, lowering it to 2.25%.

The next scheduled date for announcing the overnight rate target is December 10, 2025. The Bank’s next MPR will be released on January 28, 2026.



The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, after following three str...
09/17/2025

The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, after following three straight holds at 2.75%. with the Bank Rate at 2.75% and the deposit rate at 2.45%,

The next scheduled date for announcing the overnight rate target is October 29, 2025.


The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit...
07/30/2025

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

The next scheduled date for announcing the overnight rate target is September 17, 2025.



The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

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