Bank of Canada Rate Decision 9 December 2026
Bank of Canada Rate Decision 9 December 2026: the release is due at 14:45 UTC. The last release came in at 2.5% against a forecast of 2.5%. Of the last 12 releases, 0 came in above the forecast and 0 below it.
These figures were verified on 29 Oct 2026 from the source: Bank of Canada. This page reports the release as published: the figures and what a print like it usually does to the currency.
What a surprise usually does
Above the forecast: A rate increase, or a less dovish decision than markets expect, would usually strengthen the Canadian dollar sharply as expected returns rise.
Below the forecast: A rate cut or a more dovish-than-expected decision would usually weaken the Canadian dollar, often significantly, as markets price lower returns.
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.
