🇨🇦 Bank of Canada

Canada Central Bank – Monetary Policy & Interest Rates

Current Policy Rate
4.25%
Overnight Rate
Last 3 Months Rates
Date Rate Change
Oct 2025 4.25% -0.25%
Sep 2025 4.50% No change
Aug 2025 4.50% -0.25%

Latest News & Announcements

Date Headline Summary
Oct 23, 2025 Bank of Canada Holds at 4.25% BoC maintains overnight rate target as economy shows signs of stabilization.
Oct 9, 2025 Canadian Inflation Moderates CPI data shows inflation continuing to trend toward BoC's 2% target range.
Sep 11, 2025 Macklem: Cautiously Optimistic Governor Tiff Macklem notes improving economic indicators in recent speech.

Upcoming Meetings & Events

Date & Time Event Type Calendar Event Notes

BoC Rate Announcement Policy Decision

About BoC

The Bank of Canada is Canada's central bank, established in 1934. Its primary role is to promote the economic and financial welfare of Canada through monetary policy, currency issuance, and financial system oversight. The Governing Council meets eight times per year to set the overnight rate target.

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