Changed recently
- Bank of Canada target for the overnight rate (policy interest rate) is now 2.50 percent. Source
- Bank of Canada Bank Rate (rate charged on advances to financial institutions) is now 2.75 percent. Source
- Bank of Canada deposit rate is now 2.45 percent. Source
- Next scheduled Bank of Canada interest rate announcement is now 2026-12-09. Source
- Remaining 2026 Bank of Canada fixed announcement dates is now December 9, 2026. Source
- CPI all-items inflation, year over year is now 3.1 percent. Source
Showing all 11 facts
| Fact | Value | As of | Source |
|---|---|---|---|
| Bank of Canada target for the overnight rate (policy interest rate) | 2.50 percent | 2026-10-28 | Bank of Canada, Bank of Canada raises the policy rate by 25 basis points to 2½% ✓ 2026-11-10 |
| CPI all-items inflation, year over year | 3.1 percent | 2026-09-30 | Statistics Canada, The Daily, Consumer Price Index, September 2026 ✓ 2026-11-10 |
| Average hourly wage for employees (Labour Force Survey) | 37.64 CAD/h | 2026-09-30 | Statistics Canada, The Daily, Labour Force Survey, September 2026 ✓ 2026-11-10 |
| Average hourly wage growth for employees, year over year (Labour Force Survey) | 2.3 percent | 2026-09-30 | Statistics Canada, The Daily, Labour Force Survey, September 2026 ✓ 2026-11-10 |
| Remaining 2026 Bank of Canada fixed announcement dates | December 9, 2026 | 2026-10-28 | Bank of Canada, Bank of Canada raises the policy rate by 25 basis points to 2½% ✓ 2026-11-10 |
| Bank of Canada Bank Rate (rate charged on advances to financial institutions) | 2.75 percent | 2026-10-28 | Bank of Canada, Bank of Canada raises the policy rate by 25 basis points to 2½% ✓ 2026-11-10 |
| Bank of Canada deposit rate | 2.45 percent | 2026-10-28 | Bank of Canada, Bank of Canada raises the policy rate by 25 basis points to 2½% ✓ 2026-11-10 |
| Food purchased from stores (groceries), prices year over year | 1.7 percent | 2026-09-30 | Statistics Canada, The Daily, Consumer Price Index, September 2026 ✓ 2026-11-10 |
| Gasoline, prices year over year | 27.8 percent | 2026-09-30 | Statistics Canada, The Daily, Consumer Price Index, September 2026 ✓ 2026-11-10 |
| Rent, prices year over year | 2.8 percent | 2026-09-30 | Statistics Canada, The Daily, Consumer Price Index, September 2026 ✓ 2026-11-10 |
| Next scheduled Bank of Canada interest rate announcement | 2026-12-09 | 2026-10-28 | Bank of Canada, Bank of Canada raises the policy rate by 25 basis points to 2½% ✓ 2026-11-10 |
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