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.

Bank Lending Rate in Canada remained unchanged at 4.95 percent in June. This dataset provides - Canada Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

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.

Interbank Rate in Canada remained unchanged at 4.97 percent on Wednesday June 26. This dataset provides - Canada Overnight Interbank Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Canada's inflation rate experienced significant fluctuations from 2018 to 2025. Inflation peaked at *** percent in June 2022 before steadily declining to *** percent by December 2024. In early 2025, inflation began to increase again, rising to *** percent in February, and dropping to *** percent in March. 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 **** 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 *** percent in December 2024. In 2025, the bank rate witnessed two cuts, standing at ***** percent in May 2025. 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 *** percent in June 2022, slightly higher than Canada's peak. The Federal Reserve responded with a series of rate hikes, reaching **** 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 **** 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.

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.

Rates have been trending downward in Canada for the last five years. The ebbs and flows are caused by changes in Canada’s bond yields (driven by Canadians economic developments and international rate movements, particularly U.S. rate fluctuations) and the overnight rate (which is set by the Bank of Canada). As of August 2022, there has been a 225 bps increase in the prime rate, since beginning of year 2022, from 2.45% to 4.70% as of Aug 24th 2022. The following are the historical conventional mortgage rates offered by the 6 major chartered banks in Canada in the past 20 years.

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.

Policy Overnight Rate data was reported at 2.738 % pa in Apr 2025. This records a decrease from the previous number of 2.739 % pa for Mar 2025. Policy Overnight Rate data is updated monthly, averaging 2.249 % pa from Jan 1996 (Median) to Apr 2025, with 352 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.

Canada Inflation Nowcast: Contribution: Money Market: Overnight Money Market Financing Rate data was reported at 0.000 % in 12 May 2025. This stayed constant from the previous number of 0.000 % for 05 May 2025. Canada Inflation Nowcast: Contribution: Money Market: Overnight Money Market Financing Rate data is updated weekly, averaging 0.000 % from Jan 2019 (Median) to 12 May 2025, with 332 observations. The data reached an all-time high of 84.840 % in 13 Jul 2020 and a record low of 0.000 % in 12 May 2025. Canada Inflation Nowcast: 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: Headline.

Canada Inflation Nowcast: Contribution: Money Market: Canadian Overnight Repo Rate Average: CORRA data was reported at 2.854 % in 12 May 2025. This stayed constant from the previous number of 2.854 % for 05 May 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 12 May 2025, with 332 observations. The data reached an all-time high of 37.767 % in 08 Aug 2022 and a record low of 0.000 % in 14 Apr 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 3.095 % in 12 May 2025. This stayed constant from the previous number of 3.095 % for 05 May 2025. Canada Core Inflation Nowcast: sa: Contribution: Money Market: Overnight Money Market Financing Rate data is updated weekly, averaging 1.622 % from Jan 2018 (Median) to 12 May 2025, with 384 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.

Suku Bunga Acuan Kanada dilaporkan sebesar 3.00 % pa pada 2025-02. Angka ini tetap dibanding sebelumnya yaitu 3.00 % pa untuk 2025-01. Data Suku Bunga Acuan Kanada diperbarui bulanan, dengan rata-rata 2.50 % pa dari 1992-12 sampai 2025-02, dengan 387 observasi. Data ini mencapai angka tertinggi sebesar 8.13 % pa pada 1995-02 dan rekor terendah sebesar 0.25 % pa pada 2022-02. Data Suku Bunga Acuan Kanada tetap berstatus aktif di CEIC dan dilaporkan oleh Bank of Canada. Data dikategorikan dalam Kanada Global Database – Table CA.M001: Policy Overnight Rate.

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.

隔夜政策利率在04-01-2025达2.738年利率%，相较于03-01-2025的2.739年利率%有所下降。隔夜政策利率数据按月更新，01-01-1996至04-01-2025期间平均值为2.249年利率%，共352份观测结果。该数据的历史最高值出现于12-01-2000，达5.800年利率%，而历史最低值则出现于12-01-2021，为0.127年利率%。CEIC提供的隔夜政策利率数据处于定期更新的状态，数据来源于Bank of Canada，数据归类于全球数据库的加拿大 – Table CA.M001: Policy Overnight Rate。

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.