Interest rates - Bank of Canada
Find interest rates, along with supporting data and background information.
www.bankofcanada.caHere’s the latest available update on the Bank of Canada’s policy rate.
- The Bank of Canada most recently reduced the policy rate to 2.50% in September 2025, with the Bank Rate at 2.75% and the deposit rate at 2.45%. This was part of a continuation of rate cuts aimed at guiding inflation toward 2% while supporting economic activity.[1]
- In December 2025, signals from the Bank suggested the policy rate could be held steady around 2.25–2.50% given evolving inflation and demand dynamics, with market expectations leaning toward maintaining the current level for the near term.[2]
- By March 2026, commentary and materials from major financial institutions summarized the Bank’s stance as maintaining an accommodative but data-dependent policy path, with potential for adjustment if inflation or growth trajectories diverge from the Bank’s outlook.[6]
If you’d like, I can pull the exact statements from the Bank of Canada’s latest press release and provide a concise summary, including any forward guidance and key economic assumptions. I can also track any upcoming decisions and expected dates. Please tell me your preferred format (short bullet summary, or a brief quoted excerpt).
Citations:
- BoC policy rate cut to 2.50% in Sep 2025.[1]
- BoC rate hold expectations and commentary late 2025.[2]
- March 2026 outlook and policy stance summaries.[6]