Bank Of Canada Archives

Bank of Canada headquarters in Ottawa, Ontario.

September 3, 2026

Bank of Canada Holds 2.25%—Mortgage Holders See No Relief as Inflation Lingers

The Bank of Canada maintained its target overnight lending rate at 2.25% on September 2, 2026. The Bank Rate stands at 2.50% and the deposit rate at 2.20%. This marks the seventh

Bank of Canada headquarters facade in Ottawa

Business

Canada’s inflation hits 3% ceiling as Middle East oil shocks push gas prices up 25.7%

Estimated reading time: 2 minutes Canada’s inflation climbed to 3.0% in July, reaching the upper boundary of the Bank of Canada’s 1% to 3% target band, primarily driven by energy prices tied to ongoing Middle East supply disruptions. Gasoline prices

August 18, 2026

Bank of Canada Holds Interest Rate at 2.25% for Sixth Consecutive Time – Signals Economic Recovery

Canada·Policy

The Bank of Canada maintained its target overnight interest rate at 2.25% during its July 15, 2026 policy announcement, marking the sixth consecutive decision

Canada Adds 60,400 Jobs; USD/CAD Near 1.40 As BoC Cut Odds Slip To ~50%

Business·Canada·Politics

Economy Canada Adds 60,400 Jobs; Loonie Edges Up as Rate‑Cut Odds Ease September jobs rose by 60,400 while unemployment stayed at 7.1%. The Canadian