Overnight-rate target decision and Monetary Policy Report when scheduled
Bank of Canada — Interest Rate & Policy
Explore the selected policy benchmark, original releases, next scheduled decisions and the seven forex currency pairs involving CAD.
Official benchmark · Target for overnight rate2.25%Effective 2 Sept 2026
Latest verified policy decision
Hold · 2 Sept 2026. Rate data checked 15 Oct 2026; this is a curated snapshot rather than a real-time quote.
Read BoC official decision ↗Next policy decisions to watch
Dates reviewed 15 Oct 2026. Official schedules can change, so confirm using BoC's published calendar ↗.
Overnight-rate target decision and Monetary Policy Report when scheduled
Official BoC policy updates
Last reviewed 15 Oct 2026. These source-dated records are not a breaking-news feed.
BoC releases September policy deliberations
The Bank of Canada's Governing Council discussed inflation risks, high energy costs, trade uncertainty and economic activity before keeping the overnight target at 2.25%. The record reports deliberations, not a new rate change.
Original BoC source ↗BoC holds Target for overnight rate · 2.25%
BoC kept its benchmark rate unchanged; Trade90's selected target for overnight rate is 2.25%. Effective from the decision date.
Original BoC source ↗AUTOMATIC OFFICIAL SOURCE WATCH
Recently detected central-bank publications
Links detected on official bank websites for CAD. Titles are from the original sources. TRADE90 does not treat link discovery as confirmation of a new interest rate.
Checking the official-source archive…
Seven forex pairs involving CAD
Each pair compares this central bank with one other policy benchmark and links to their two official publications.
How to interpret the CAD benchmark
overnight-rate target is the selected benchmark for Bank of Canada. Traders monitor Canadian inflation, employment and Bank of Canada deliberations. Its nominal rate is not by itself a price forecast for CAD or a brokerage swap quote.
For the underlying definitions and policy-gap calculations, see TRADE90 methodology.