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Bank of Canada Building Ottawa (2)d.neuman from Ottawa, Canada · CC BY-SA 2.0
StableEconomyMarketsPolicyReported 2026-09-02 17:47

Bank of Canada Maintains Policy Rate at 2¼%

The Bank of Canada held its policy rate at 2.25% due to ongoing geopolitical tensions and trade uncertainties, while inflation remains elevated but expected to ease.

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Why it matters. The decision affects Canadian monetary policy and economic recovery, impacting businesses and consumers.

01

Evidence

  • BBank of Canada press releasesRegulator2026-09-02 17:47
    The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
    View source
  • BBank of Canada press releasesRegulator2026-09-02 17:47
    In the United States, economic growth continues to be solid, driven by consumer spending and AI-related investment. Growth in the euro area was stronger than expected in the second quarter, while China’s economy slowed. Overall, the global economy has shown resilience in the face of geopolitical headwinds, with growth broadly consistent with the July Monetary Policy Report (MPR) projection. With…
    View source
  • BBank of Canada press releasesRegulator2026-07-15 17:47
    The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
    View source
  • BBank of Canada press releasesRegulator2026-07-15 17:47
    Canada’s economy is showing signs of improvement. Growth is picking up and inflation is projected to ease gradually from its recent spike. There are still important risks and uncertainties related to the war in the Middle East and US trade policy.
    View source
  • BBank of Canada press releasesRegulator2026-06-10 17:47
    Governing Council decided to maintain the policy rate at 2.25%
    View source
  • BBank of Canada press releasesRegulator2026-09-02 17:47
    The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
    View source