The benchmark interest rate in Canada was last recorded at 2.75 percent. This dataset provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Central Bank Rates: Total for Canada (IRSTCB01CAQ156N) from Q1 1960 to Q4 2023 about overnight, Canada, interest rate, banks, interest, depository institutions, and rate.

This table contains 39 series, with data for starting from 1991 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada); Financial market statistics (39 items: Government of Canada Treasury Bills, 1-month (composite rates); Government of Canada Treasury Bills, 2-month (composite rates); Government of Canada Treasury Bills, 3-month (composite rates);Government of Canada Treasury Bills, 6-month (composite rates); ...).

Key information about Canada Short Term Interest Rate

• Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025, compared with 2.85 % pa in the previous month.
• Canada Short Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 8.30 % pa in Mar 1995 and a record low of 0.06 % pa in Nov 2021.
• Short Term Interest Rate is reported by reported by Bank of Canada.

• In the latest reports, Canada Government Benchmark Bonds Yield: Month End: 10 Years was reported at 2.90 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025.
• Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.

Key information about Canada Policy Rate

• Canada cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025, compared with 3.00 % pa in the previous Jan 2025.
• Canada Policy Rate averaged 2.50 % pa and is updated monthly, available from Dec 1992 to Feb 2025.
• The data reached an all-time high of 8.13 % pa in Feb 1995 and a record low of 0.25 % pa in Feb 2022.

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.85 % pa in Jan 2025.
• Its Long Term Interest Rate (Government Benchmark Bonds Yield: Month End: 10 Years) was reported at 3.07 % pa in Jan 2025.
• Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.
• Its Real Effective Exchange Rate was 88.39 in Dec 2024.

Key information about Canada Long Term Interest Rate

• Canada Government Benchmark Bonds Yield: Month End: 10 Years was reported at 2.90 % pa in Feb 2025, compared with 3.07 % pa in the previous month.
• Canada Long Term Interest Rate data is updated monthly, available from Jan 1993 to Feb 2025.
• The data reached an all-time high of 9.28 % pa in Jun 1994 and a record low of 0.46 % pa in Jul 2020.
• Long Term Interest Rate is reported by reported by Bank of Canada.

• In the latest reports, Canada Short Term Interest Rate: Month End: Treasury Bills Yield: 3 Months was reported at 2.82 % pa in Feb 2025.
• The cash rate (Policy Rate: Month End: Overnight Target Rate) was set at 3.00 % pa in Feb 2025.
• Canada Exchange Rate against USD averaged 1.33 (USD/CAD) in Jun 2023.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Canada (IRSTCI01CAQ156N) from Q1 1975 to Q4 2024 about interbank, overnight, Canada, interest rate, interest, and rate.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at 8.1 percent in June 2022 before steadily declining to 1.9 percent by January 2025. In response to rising inflation between 2020 and 2022, the Bank of Canada implemented aggressive interest rate hikes. The bank rate reached a maximum of 5.25 percent in July 2023 and remained stable until June 2024. As inflationary pressures eased in the second half of 2024, the central bank reduced interest rates to 3.5 percent in December 2024. This pattern reflected broader global economic trends, with most advanced and emerging economies experiencing similar inflationary challenges and monetary policy adjustments. Global context of inflation and interest rates The Canadian experience aligns with the broader international trend of central banks raising policy rates to combat inflation. Between 2021 and 2023, nearly all advanced and emerging economies increased their central bank rates. However, a shift occurred in the latter half of 2024, with many countries, including Canada, beginning to lower rates. This change suggests a new phase in the global economic cycle and monetary policy approach. Notably, among surveyed countries, Russia maintained the highest interest rate in early 2025, while Japan had the lowest rate. Comparison with the United States The United States experienced a similar trajectory in inflation and interest rates. U.S. inflation peaked at 9.1 percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching 5.33 percent in August 2023. This rate remained unchanged until September 2024, when the first cut since September 2021 was implemented. In contrast, Canada's bank rate peaked at 5.25 percent and began decreasing earlier, with cuts in June and July 2024. These differences highlight the nuanced approaches of central banks in managing their respective economies amid global inflationary pressures.

Graph and download economic data for Interest Rates: Immediate Rates (< 24 Hours): Call Money/Interbank Rate: Total for Canada (IRSTCI01CAA156N) from 1975 to 2024 about interbank, overnight, Canada, interest rate, interest, and rate.

This table contains 38 series, with data starting from 1957 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 item: Canada), Rates (38 items: Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate; Forward premium or discount (-), United States dollars in Canada: 1 month; ...).

Policy Overnight Rate data was reported at 2.983 % pa in Feb 2025. This records a decrease from the previous number of 3.272 % pa for Jan 2025. Policy Overnight Rate data is updated monthly, averaging 2.248 % pa from Jan 1996 (Median) to Feb 2025, with 350 observations. The data reached an all-time high of 5.800 % pa in Dec 2000 and a record low of 0.127 % pa in Dec 2021. Policy Overnight Rate data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M001: Policy Overnight Rate.

This table contains 71 series, with data starting from 1934 (not all combinations necessarily have data for all years). This table contains data described by the following dimensions (Not all combinations are available): Geography (1 items: Canada ...), Rates (71 items: Bank rate; last Tuesday or last Thursday; Bank rate; Chartered bank administered interest rates - prime business; Chartered bank - consumer loan rate ...).

Canada Inflation Nowcast: Contribution: Money Market: Canadian Overnight Repo Rate Average: CORRA data was reported at 34.763 % in 10 Mar 2025. This stayed constant from the previous number of 34.763 % for 03 Mar 2025. Canada Inflation Nowcast: Contribution: Money Market: Canadian Overnight Repo Rate Average: CORRA data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 10 Mar 2025, with 323 observations. The data reached an all-time high of 37.767 % in 08 Aug 2022 and a record low of 0.000 % in 17 Feb 2025. Canada Inflation Nowcast: Contribution: Money Market: Canadian Overnight Repo Rate Average: CORRA data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Headline.

Canada Core Inflation Nowcast: sa: Contribution: Money Market: Overnight Money Market Financing Rate data was reported at 0.552 % in 10 Mar 2025. This stayed constant from the previous number of 0.552 % for 03 Mar 2025. Canada Core Inflation Nowcast: sa: Contribution: Money Market: Overnight Money Market Financing Rate data is updated weekly, averaging 1.588 % from Jan 2018 (Median) to 10 Mar 2025, with 375 observations. The data reached an all-time high of 42.155 % in 13 Sep 2021 and a record low of 0.000 % in 13 Dec 2021. Canada Core Inflation Nowcast: sa: Contribution: Money Market: Overnight Money Market Financing Rate data remains active status in CEIC and is reported by CEIC Data. The data is categorized under Global Database’s Canada – Table CA.CEIC.NC: CEIC Nowcast: Inflation: Core.

Os dados de Taxas de Juros do Canadá foram registrados em 3.00 % pa em 2025-02. Este manteve-se constante com relação aos números anteriores de 3.00 % pa em 2025-01. Os dados de Taxas de Juros do Canadá são atualizados por mês, com uma média de 2.50 % pa em 1992-12 até 2025-02, com 387 observações. Os dados alcançaram um alto recorde de 8.13 % pa em 1995-02 e um baixo recorde de 0.25 % pa em 2022-02. Os dados de Taxas de Juros do Canadá permanecem com status ativo na CEIC e são reportados pela fonte: Bank of Canada. Os dados são classificados sob o Global Database’ Canadá – Table CA.M001: Policy Overnight Rate.

This dataset contains the current city rate limits for Canadian cities as well as American and all other foreign countries as well as previously published rates starting in 2011. The city rate limits are provided only as a guide to help determine reasonable accommodation costs. The listing of an establishment in this directory doesn't constitute authorization for an employee to stay there when traveling on government business. The employer is responsible for authorizing accommodation to be used by the employee, in accordance with the current National Joint Council Travel Directive. If there is a difference in the interpretation of the information provided in this directory and the National Joint Council Travel directive, the directive shall prevail. For any questions regarding the interpretation of the Directive, employees should contact their Designated Departmental Travel Coordinators (DDTC) for assistance. For the website equivalent of this dataset, please visit: https://rehelv-acrd.tpsgc-pwgsc.gc.ca/preface-eng.aspx#allcityratelimits

The average cost for an overnight double room in Vancouver in Canada was 428 U.S. dollars in September 2023, up from the previous month's total of 417 U.S. dollars. Overnight accommodation costs in the city have fluctuated since the beginning of the year.

Kanadas Leitzins belief sich im 2025-02 auf 3.00 % pa. Dies stellt keine Veränderung im Vergleich zu den vorherigen Zahlen von 3.00 % pa für 2025-01 dar. Kanadas Leitzins werden monatlich aktualisiert, mit einem Durchschnitt von 2.50 % pa von 1992-12 bis 2025-02, mit 387 Beobachtungen. Die Daten erreichten ein Allzeithoch in Höhe von 8.13 % pa im 1995-02 und ein Rekordtief in Höhe von 0.25 % pa im 2022-02. Kanadas Leitzins Daten behalten den Aktiv-Status in CEIC und werden von Bank of Canada gemeldet. Die Daten werden unter Global Databases Kanada – Table CA.M001: Policy Overnight Rate kategorisiert.

カナダの政策金利は、2025-02に3.00 % paを記録しました。前期2025-01の 3.00 % paと比べると横這いの結果となりました。カナダの政策金利は月次で更新され、1992-12から2025-02の387つの値で平均は 2.50 % pa。最高値は1995-02の8.13 % pa、最低値は2022-02の0.25 % pa。政策金利はActiveステータスデータであり、Bank of Canadaが発表元です。当データは、Global Databaseのカナダ – Table CA.M001: Policy Overnight Rateに格納されています。

캐나다의 정책금리은 2025-02에 3.00 % pa로 보고 되었습니다. 이는 2025-01에 3.00 % pa라는 이전 수치에 비 해큰 차이 없는 기록입니다.캐나다의 정책금리 데이터는 월간 간행물마다 업데이트 되며,387개의 관측으로 1992-12부터 2025-02사이에 평균 2.50 % pa입니다. 이 데이터는1995-02에 8.13 % pa라는사상 최고치를, 2022-02에 0.25 % pa라는 최저치를 기록했습니다. 캐나다’의 정책금리 데이터는 CEIC에 활성 상태로 남아 있으며Bank of Canada에 의해 보고되는 정보입니다. 본 데이터는 Global Database의 캐나다 - Table CA.M001: Policy Overnight Rate하에 분류 됩니다.