Bank of Canada rate decisions

Every cut, hike and hold since 2000 · Bank of Canada Valet API (series V122514)

Every Bank of Canada rate cut and hike from 2000–2026 with basis-point changes. Follow the money behind Canadian economic policy.

The Bank of Canada sets the target for the overnight rate — the interest rate at which major financial institutions borrow and lend one-day funds. Changes ripple through prime rates, mortgages and the Canadian dollar. The BoC announces rate decisions 8 times per year at fixed dates.