Business Outlook Survey
Four times a year, our regional offices interview business leaders from about 100 firms to gather a broad range of economic perspectives that help us fulfill our mandate as Canada’s central bank. The results of these interviews are available in our quarterly Business Outlook Surveys (BOS). View the recent survey data and references for more information. Receive notification by email whenever new surveys are added […]
Policy interest rate
The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year. For more information on the policy interest rate, see this explainer. Recent data Date* Target (%) Change (%) July 15, 2026 2.25 — June 10, 2026 2.25 — April 29, 2026 […]
Bank of Canada publishes its 2027 schedule for policy interest
The Bank of Canada today published its 2027 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year. In addition, the Bank published its schedule for the release of the Business Outlook Survey and the Canadian Survey of Consumer Expectations, and […]
Bank of Canada maintains the policy rate at 2¼%
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%. Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease gradually from its recent spike. There are still important risks and uncertainties […]
Bank of Canada Interest Rate Schedule 2026
CURRENT OVERNIGHT INTEREST RATE: 2.25% (last updated June 2026) Here are what the Bank of Canada interest rate announcements are, when they happen in 2026 and their significance. Highlights: The Bank of Canada is responsible for setting the key policy rate and is the primary tool that the central bank uses to control inflation. This is the starting point for setting […]