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CRTLAB/Economic calendar/Canada/Interest Rate

Canada Interest Rate

Every release since 20 Jan 2016: 89 on record, actual against forecast. High impact for the CAD. Updated within the hour of each release.

Latest · Oct. 29, 20262.5%no forecast · previous 2.25%
Above forecast2%of 50 since 2016 · last 12: 0%
Range since 20160.25% → 5%low Jan. 27, 2022 · high Apr. 11, 2024

The short answer

89 releases

The last Canada Interest Rate (Oct. 29, 2026, released 28 Oct 2026) came in at 2.5%; the previous reading was 2.25%.

Since 2016, Canada Interest Rate has come in above forecast 2% of the time and below 2% (50 releases with a forecast); over the last 12 it beat 0%.

The average miss against forecast over the last 24 releases was 0.02%: higher than expected is good for the CAD.

Last 12 releases

bar = actual · line = forecast
Jun. 5, 2025: actual 2.75%, forecast 2.75%2.75%Jun ’25Jul. 31, 2025: actual 2.75%, forecast 2.75%2.75%Jul ’25Sep. 18, 2025: actual 2.5%, forecast 2.5%2.5%Sept ’25Oct. 30, 2025: actual 2.25%, forecast 2.25%2.25%Oct ’25Dec. 11, 2025: actual 2.25%, forecast 2.25%2.25%Dec ’25Jan. 29, 2026: actual 2.25%, forecast 2.25%2.25%Jan ’26Mar. 19, 2026: actual 2.25%, forecast 2.25%2.25%Mar ’26Apr. 30, 2026: actual 2.25%, forecast 2.25%2.25%Apr ’26Jun. 11, 2026: actual 2.25%, forecast 2.25%2.25%Jun ’26Jul. 16, 2026: actual 2.25%2.25%Jul ’26Sep. 3, 2026: actual 2.25%2.25%Sept ’26Oct. 29, 2026: actual 2.5%2.5%Oct ’26

Canada Interest Rate since 2016

89 releases
20182020202220242026

Every Canada Interest Rate release

89 releases · times New York
ReleasedPeriodActualForecastPreviousVs forecast
28 Oct 2026 09:45Oct. 29, 20262.5%–2.25%–
2 Sept 2026 09:45Sep. 3, 20262.25%–2.25%–
15 Jul 2026 09:45Jul. 16, 20262.25%–2.25%–
10 Jun 2026 09:45Jun. 11, 20262.25%2.25%2.25%in line
29 Apr 2026 09:45Apr. 30, 20262.25%2.25%2.25%in line
18 Mar 2026 09:45Mar. 19, 20262.25%2.25%2.25%in line
28 Jan 2026 09:45Jan. 29, 20262.25%2.25%2.25%in line
10 Dec 2025 09:45Dec. 11, 20252.25%2.25%2.25%in line
29 Oct 2025 09:45Oct. 30, 20252.25%2.25%2.5%in line
17 Sept 2025 09:45Sep. 18, 20252.5%2.5%2.75%in line
30 Jul 2025 09:45Jul. 31, 20252.75%2.75%2.75%in line
4 Jun 2025 09:45Jun. 5, 20252.75%2.75%2.75%in line
16 Apr 2025 09:45Apr. 17, 20252.75%2.75%2.75%in line
12 Mar 2025 09:45Mar. 13, 20252.75%–3%–
29 Jan 2025 09:45Jan. 30, 20253%–3.25%–
11 Dec 2024 09:45Dec. 12, 20243.25%–3.75%–
23 Oct 2024 09:45Oct. 24, 20243.75%–4.25%–
4 Sept 2024 09:45Sep. 5, 20244.25%–4.5%–
24 Jul 2024 09:45Jul. 25, 20244.5%–4.75%–
5 Jun 2024 09:45Jun. 6, 20244.75%–5%–
10 Apr 2024 09:45Apr. 11, 20245%–5%–
6 Mar 2024 09:45Mar. 7, 20245%–5%–
24 Jan 2024 09:45Jan. 25, 20245%–5%–
6 Dec 2023 10:00Dec. 7, 20235%–5%–
25 Oct 2023 10:00Oct. 26, 20235%–5%–
6 Sept 2023 10:00Sep. 7, 20235%–5%–
12 Jul 2023 10:00Jul. 13, 20235%–4.75%–
7 Jun 2023 10:00Jun. 8, 20234.75%–4.5%–
12 Apr 2023 10:00Apr. 13, 20234.5%–4.5%–
8 Mar 2023 10:00Mar. 9, 20234.5%–4.5%–
25 Jan 2023 10:00Jan. 26, 20234.5%–4.25%–
7 Dec 2022 10:00Dec. 8, 20224.25%–3.75%–
26 Oct 2022 10:00Oct. 27, 20223.75%–3.25%–
7 Sept 2022 10:00Sep. 8, 20223.25%–2.5%–
13 Jul 2022 10:00Jul. 14, 20222.5%–1.5%–
1 Jun 2022 10:00Jun. 2, 20221.5%–1%–
13 Apr 2022 10:00Apr. 14, 20221%–0.5%–
2 Mar 2022 10:00Mar. 3, 20220.5%–0.25%–
26 Jan 2022 10:00Jan. 27, 20220.25%–0.25%–
8 Dec 2021 10:00Dec. 9, 20210.25%–0.25%–
27 Oct 2021 10:00Oct. 28, 20210.25%–0.25%–
8 Sept 2021 10:00Sep. 9, 20210.25%–0.25%–
14 Jul 2021 10:00Jul. 15, 20210.25%–0.25%–
9 Jun 2021 10:00Jun. 10, 20210.25%–0.25%–
21 Apr 2021 10:00Apr. 22, 20210.25%–0.25%–
10 Mar 2021 10:00Mar. 11, 20210.25%–0.25%–
20 Jan 2021 10:00Jan. 21, 20210.25%–0.25%–
9 Dec 2020 10:00Dec. 9, 20200.25%0.25%0.25%in line
28 Oct 2020 10:00Oct. 28, 20200.25%0.25%0.25%in line
9 Sept 2020 10:00Sep. 9, 20200.25%0.25%0.25%in line
15 Jul 2020 10:00Jul. 15, 20200.25%0.25%0.25%in line
3 Jun 2020 10:00Jun. 3, 20200.25%0.25%0.25%in line
15 Apr 2020 10:00Apr. 15, 20200.25%0.25%0.25%in line
27 Mar 2020 09:00Mar. 27, 20200.25%–0.75%–
13 Mar 2020 11:00Mar. 16, 20200.75%–1.25%–
4 Mar 2020 10:00Mar. 4, 20201.25%1.75%1.75%below
22 Jan 2020 10:00Jan. 22, 20201.75%1.75%1.75%in line
4 Dec 2019 10:00Dec. 4, 20191.75%1.75%1.75%in line
30 Oct 2019 10:00Oct. 30, 20191.75%1.75%1.75%in line
4 Sept 2019 10:00Sep. 4, 20191.75%1.75%1.75%in line
10 Jul 2019 10:00Jul. 10, 20191.75%1.75%1.75%in line
29 May 2019 10:00May. 29, 20191.75%1.75%1.75%in line
24 Apr 2019 10:00Apr. 24, 20191.75%1.75%1.75%in line
6 Mar 2019 10:00Mar. 6, 20191.75%1.75%1.75%in line
9 Jan 2019 10:00Jan. 9, 20191.75%1.75%1.75%in line
5 Dec 2018 10:00Dec. 5, 20181.75%1.75%1.75%in line
24 Oct 2018 10:00Oct. 24, 20181.75%1.75%1.5%in line
5 Sept 2018 10:00Sep. 5, 20181.5%1.5%1.5%in line
11 Jul 2018 10:00Jul. 11, 20181.5%1.5%1.25%in line
30 May 2018 10:00May. 30, 20181.25%1.25%1.25%in line
18 Apr 2018 10:00Apr. 18, 20181.25%1.25%1.25%in line
7 Mar 2018 10:00Mar. 7, 20181.25%1.25%1.25%in line
17 Jan 2018 10:00Jan. 17, 20181.25%1.25%1%in line
6 Dec 2017 10:00Dec. 6, 20171%1%1%in line
25 Oct 2017 10:00Oct. 25, 20171%1%1%in line
6 Sept 2017 10:00Sep. 6, 20171%0.75%0.75%above
12 Jul 2017 10:00Jul. 12, 20170.75%0.75%0.5%in line
24 May 2017 10:00May. 24, 20170.5%0.5%0.5%in line
12 Apr 2017 10:00Apr. 12, 20170.5%0.5%0.5%in line
1 Mar 2017 10:00Mar. 1, 20170.5%0.5%0.5%in line
18 Jan 2017 10:00Jan. 18, 20170.5%0.5%0.5%in line
7 Dec 2016 10:00Dec. 7, 20160.5%0.5%0.5%in line
19 Oct 2016 10:00Oct. 19, 20160.5%0.5%0.5%in line
7 Sept 2016 10:00Sep. 7, 20160.5%0.5%0.5%in line
13 Jul 2016 10:00Jul. 13, 20160.5%0.5%0.5%in line
25 May 2016 10:00May. 25, 20160.5%0.5%0.5%in line
13 Apr 2016 10:00Apr. 13, 20160.5%0.5%0.5%in line
9 Mar 2016 10:00Mar. 9, 20160.5%0.5%0.5%in line
20 Jan 2016 10:00Jan. 20, 20160.5%0.5%0.5%in line

About

Measures
In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate.
Good for CAD
Actual higher than forecast
Released
Every 6–8 weeks
Category
Rates & money
Source
Central Bank

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Frequently asked questions

What was the last Canada Interest Rate?

The last Canada Interest Rate (Oct. 29, 2026, released 28 Oct 2026) came in at 2.5%; the previous reading was 2.25%.

How often is Canada Interest Rate released?

Canada Interest Rate is released every 6–8 weeks by Central Bank. CRTLAB has 89 releases on record since 20 Jan 2016.

Does Canada Interest Rate usually beat the forecast?

Since 2016, Canada Interest Rate has come in above forecast 2% of the time and below 2% (50 releases with a forecast); over the last 12 it beat 0%.

What is the highest and lowest Canada Interest Rate since 2016?

The highest was 5% (Apr. 11, 2024) and the lowest 0.25% (Jan. 27, 2022). The five-year average is 3.2%.

Is a higher Canada Interest Rate good for the CAD?

Usually yes: a reading above forecast is the good surprise for the CAD, and the bigger the surprise the bigger the move. On this page, green marks a release that was good for the CAD against its forecast, red one that was bad.

What does Canada Interest Rate measure?

In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate.

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