Bank of Canada meeting —
At its 18 March 2026 meeting, the Bank of Canada held its policy rate at 2.25%.
Decision
hold — 2.25% to 2.25%
Key passages
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%.
With recent data pointing to weaker economic activity and uncertainty elevated, risks to growth look tilted to the downside.
Meeting documents
Background reading
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