Resources · Central Banks
When is the next Bank of Canada interest rate announcement?
As of September 14, 2026, the next scheduled decision is Wednesday, October 28 at 9:45 a.m. Eastern, with the Monetary Policy Report. The calendar below selects the next future date in the verified 2026–2027 schedule. It does not fetch decisions or forecast a rate change.
Wednesday, October 28, 2026
9:45 a.m. ET · with the Monetary Policy Report and a press conference
Policy rate from the September 2 decision; prime rate from Valet series V80691311 (September 9). The Bank Rate is 2.50% and the deposit rate 2.20%.
Full 2026 announcement schedule
| Date | Time (ET) | Includes |
|---|---|---|
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision | |
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision | |
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision — held at 2.25% | |
| 9:45 | Monetary Policy Report + press conference | |
| 9:45 | Rate decision |
Past dates are struck through automatically. The Business Outlook Survey and Canadian Survey of Consumer Expectations are scheduled for publication Monday, October 19, 2026 at 10:30 ET.
Full 2027 schedule
| Date | Time (ET) | Includes |
|---|---|---|
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision | |
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision | |
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision | |
| 9:45 | Monetary Policy Report | |
| 9:45 | Rate decision |
2027 surveys: January 18, April 19, July 12 and October 18 (11:30 ET). Financial Stability Report: Tuesday, May 18, 2027, 10:00 ET. The Bank published this schedule on July 27, 2026. Check its website for later schedules.
What happens on the day
Scheduled rate announcements are at 9:45 a.m. Eastern. January, April, July and October decisions include a Monetary Policy Report. Check the Bank’s events page for press conferences; non-MPR decisions can also have one.
September 16, 2026 at 1:30 p.m. Eastern is the summary of deliberations for the September 2 decision, not a new decision. October 28 is the next scheduled rate announcement. The September 2 release recorded a 2.25% target, 2.50% Bank Rate and 2.20% deposit rate. Check the official page after any new decision.
Use the calendar
The calendar link saves an event file for import, not an update subscription. The stored schedule ends in December 2027; after that this page asks for a schedule update. Check the Bank’s official page for changed dates, new announcements and the actual decision.
Frequently asked
- What time?
- 9:45 a.m. Eastern. The calendar file uses UTC with Toronto daylight saving time accounted for.
- Does this predict a cut or hike?
- No. It shows published dates and a dated rate snapshot.
- Is September 16 a rate decision?
- No. It is a summary of deliberations for September 2. The next scheduled rate decision is October 28.
General information for the assumptions stated on this page; not personal financial or tax advice. Prepared with AI assistance by Claude; adapted and source-checked by Codex on 14 September 2026. Human factual review is not documented. Inputs stay in this page and are not saved or sent.