When is the next Bank of Canada rate decision?

Q: When is the next Bank of Canada rate decision?

The next Bank of Canada Rate Decision is scheduled for Oct 28, 2026 at 13:45 UTC. It is released 8 times per year. The consensus forecast is 2.25%, versus a previous reading of 2.25%.

Bank of Canada Rate Decision is next released on Oct 28, 2026 (in 29 days).

Next BoC decision

Released 8 times per year

Oct 28, 2026 13:45 UTC

in 29 days

Consensus forecast

2.25%

Published by Bank of Canada

The next Bank of Canada rate decision is on Wednesday, October 28, 2026, announced at 9:45 AM ET. The BoC sets eight fixed announcement dates a year, four of them accompanied by the quarterly Monetary Policy Report. The Canadian dollar trades off the decision and the tone of the accompanying statement.

Recent BoC decisions

Period	Actual	Forecast	Previous	Outcome	Released
Sep 2, 2026	2.25%	2.25%	2.25%	inline	Sep 2, 2026
Jul 15, 2026	2.25%	2.25%	2.25%	inline	Jul 15, 2026
Jun 10, 2026	2.25%	2.25%	2.25%	inline	Jun 10, 2026
Apr 29, 2026	2.25%	2.25%	2.25%	inline	Apr 29, 2026
Mar 18, 2026	2.25%	2.25%	2.25%	inline	Mar 18, 2026
Jan 28, 2026	2.25%	2.25%	2.25%	inline	Jan 28, 2026

See the full Bank of Canada Rate Decision history, what it measures and how it moves the CAD.

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