Bank of Canada Rate Decision

When is the next Bank of Canada rate decision?Bank of Canada Rate Decision 9 December 2026

Bank of Canada Rate Decision came in at 2.5%, against a forecast of 2.5%. It is next released on Wed 9 Dec 2026 at 14:45 UTC.

Latest results · times in UTC
Released	For	Actual	Forecast	Previous
28 Oct 2026	—	2.5%	2.5%	2.25%
2 Sep 2026	—	2.25%	2.25%	2.25%
15 Jul 2026	—	2.25%	2.25%	2.25%
10 Jun 2026	—	2.25%	2.25%	2.25%
29 Apr 2026	—	2.25%	2.25%	2.25%
18 Mar 2026	—	2.25%	2.25%	2.25%
28 Jan 2026	—	2.25%	2.25%	2.25%
29 Oct 2025	—	2.25%	2.25%	2.5%
17 Sep 2025	—	2.5%	2.5%	2.75%
30 Jul 2025	—	2.75%	2.75%	2.75%
4 Jun 2025	—	2.75%	2.75%	2.75%
16 Apr 2025	—	2.75%	2.75%	2.75%

What it measures

The Bank of Canada's scheduled decision sets its overnight policy rate, which influences borrowing costs across Canada. The Bank targets 2% inflation within a 1%–3% range, and markets judge the decision against what was priced in as well as the accompanying guidance.

Why it moves the CAD

A higher-than-expected rate or a hold where cuts were expected usually supports the Canadian dollar by improving its yield appeal. A cut or more dovish guidance can weaken it; this is one of the currency's most important scheduled events.

Released: Eight times a year

This week’s economic calendar What members see beside each release

Questions

Is the Bank of Canada rate decision today?

No. The next Bank of Canada rate decision is on Wed 9 Dec 2026 at 14:45 UTC.

What time is the Bank of Canada rate decision released?

At 14:45 UTC: 09:45 in New York, 14:45 in London, 15:45 in Amsterdam, 16:45 in Johannesburg, 15:45 in Lagos. The next Bank of Canada rate decision is on Wed 9 Dec 2026 at 14:45 UTC.

Updated daily from the release schedule. Last checked Wed 4 Nov 2026.