Forex Fundamentals
Bank of Canada Rate Decision

Bank of Canada Rate Decision 28 October 2026

Bank of Canada Rate Decision 28 October 2026: 2.5%, in line with the forecast and up from 2.25% in September 2026. It is the highest reading since September 2025. It was released on Wed 28 Oct 2026 at 13:45 UTC. The next release is due on Wed 9 Dec 2026 at 14:45 UTC.

These figures were verified on 28 Oct 2026 from the source: Bank of Canada. This page reports the release as published: the figures, the consensus forecast and what a print like it usually does to the currency.

Actual
2.5%
Forecast
2.5%
The market consensus
Previous
2.25%
As the source gives it

What a print like this usually does

In line with the forecast: The Canadian dollar may move little if the rate decision is fully priced in, though the statement's guidance can still trigger a substantial move.

Bank of Canada Rate Decision 28 October 2026: 2.5% against a 2.5% forecast, with the last 12 releases
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Cite this release

If you cite this release, please link to this page:

Bank of Canada Rate Decision 28 October 2026: 2.5% vs 2.5% forecast (Bank of Canada). Forex Fundamentals, https://forexfundamentals.com/economic-calendar/boc/2026-10-28

The last 12 releases · times in UTC
ReleasedForActualForecastPrevious
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%
The release before:Bank of Canada Rate Decision 2 September 2026Bank of Canada Rate Decision: every recent resultThis week’s economic calendar