Canada BoC Interest Rate Decision
Category: Interest Rate
Units: Percent
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills.
A higher than expected figure should be seen as positive (bullish) for the CAD while a lower than expected figure should be seen as negative (bearish) for the CAD.
Source: Bank of Canada
Event Details
Impact:
High
Country: Canada 
Symbol: CAD
Latest Release
Previous:
2.25%
Consensus: 2.25%
Actual:
2.25%
Next Release
Date: 02:45 PM, 28 Jan 2026
Time left: in 39 days
