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2 MINFacts · The economy · Canada

The economy

The rate, inflation, wages, and the exchange rates that matter to you.

8 facts · Canada-wide and federal jobs
FactValueAs ofSource
Bank of Canada target for the overnight rate (policy interest rate)2.25 percent2026-09-02Bank of Canada, Bank of Canada maintains the policy rate at 2¼%
✓ 2026-09-09
CPI-median (Bank of Canada preferred core inflation measure), year over year2.0 percent2026-07-31Statistics Canada, Consumer Price Index statistics, measures of core inflation
✓ 2026-09-09
CPI-trim (Bank of Canada preferred core inflation measure), year over year1.9 percent2026-07-31Statistics Canada, Consumer Price Index statistics, measures of core inflation
✓ 2026-09-09
2027 Bank of Canada fixed announcement datesJan 27, Mar 3, Apr 28, Jun 2, Jul 21, Sep 8, Oct 27, Dec 8, 20272026-09-07Bank of Canada publishes its 2027 schedule for policy interest rate announcements
✓ 2026-09-09
Bank of Canada Bank Rate (rate charged on advances to financial institutions)2.50 percent2026-09-02Bank of Canada, Bank of Canada maintains the policy rate at 2¼%
✓ 2026-09-09
Bank of Canada deposit rate2.20 percent2026-09-02Bank of Canada, Bank of Canada maintains the policy rate at 2¼%
✓ 2026-09-09
Next scheduled Bank of Canada interest rate announcement2026-10-282026-09-02Bank of Canada, Bank of Canada maintains the policy rate at 2¼%
✓ 2026-09-09
Bank of Canada Valet API terms of use — reuse permittedReuse permitted with attribution; no endorsement implied, per terms2026-09-07Bank of Canada, Terms of Use, Disclosures and Disclaimers
✓ 2026-09-09

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