Since 2005
updated daily
1,200,000 people
visit us every year
Fair comparison
completely independent

Canadian interest rate (policy interest rate)

Current and historic Bank of Canada interest rates

Below you will find a table with the recent interest rate development of the policy interest rate (also known as overnight target rate) of the Canadian central bank (Bank of Canada - BOC). This rate is often referred to when it comes to "Canadian interest".

View interest rates from other central banks

Latest interest rate changes
Modification date Interest
27-03-2020 0.25%
13-03-2020 0.75%
04-03-2020 1.25%
24-10-2018 1.75%
11-07-2018 1.50%
17-01-2018 1.25%
06-09-2017 1.00%
12-07-2017 0.75%
15-07-2015 0.50%
21-01-2015 0.75%

The above table is adjusted with every interest rate change by the Canadian central bank.

Graph showing historical Canadian interest rates

The graph above shows the historical development of the policy interest rate of the Canadian central bank.