Bank of Canada meeting —
At its 29 April 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%.
Governing Council is looking through the war’s immediate impact on inflation but will not let higher energy prices become persistent inflation.
Meeting documents
Background reading
Previous meeting · Next meeting · Open the full decision workspace
The Cadence Brief
The one number that moved central bank pricing — delivered each weekday morning.