Canada · Policy rate
Bank of Canada rate
2.25%
Official print · Oct 20, 2026
The overnight rate anchors variable borrowing costs across the economy.
Market context
Variable borrowing
Current baseline
As of Oct 20, 2026

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Canada · Policy rate
2.25%
Official print · Oct 20, 2026
The overnight rate anchors variable borrowing costs across the economy.
Market context
Variable borrowing
Current baseline
As of Oct 20, 2026
Bank of Canada calendar
Oct 28, 2026
Scheduled announcement
The next scheduled decision is the market's nearest policy-rate checkpoint.
Market context
Policy timing
Next checkpoint
As of Oct 28, 2026
Probabilities are forecasts, not guarantees. Borrowing conditions also depend on lender pricing and bond yields. Latest included observation: Oct 22, 2026.