Canada Interest Rate  1990-2018 | Data | Chart | Calendar | Forecast

The Bank of Canada left its key overnight rate at 1.25 percent on May 30th 2018, in line with market expectations. Policymakers said core measures of inflation remain near 2 percent and recent data support the Bank’s outlook for growth at around 2 percent in the first half of 2018. The Bank Rate is correspondingly 1.5 percent and the deposit rate is 1 percent. Interest Rate in Canada averaged 5.90 percent from 1990 until 2018, reaching an all time high of 16 percent in February of 1991 and a record low of 0.25 percent in April of 2009.

Canada Interest Rate
width
height
Trading Economics members can view, download and compare data from nearly 200 countries, including more than 20 million economic indicators, exchange rates, government bond yields, stock indexes and commodity prices.

The Trading Economics Application Programming Interface (API) provides direct access to our data. It allows API clients to download millions of rows of historical data, to query our real-time economic calendar, subscribe to updates and receive quotes for currencies, commodities, stocks and bonds.



Calendar GMT Actual Previous Consensus TEForecast
2018-03-07 03:00 PM BoC Interest Rate Decision 1.25% 1.25% 1.25% 1.25%
2018-04-18 02:00 PM BoC Interest Rate Decision 1.25% 1.25% 1.25% 1.25%
2018-05-30 02:00 PM BoC Interest Rate Decision 1.25% 1.25% 1.25% 1.25%
2018-06-27 07:15 PM BoC Gov Poloz Speech
2018-07-11 02:00 PM BoC Interest Rate Decision 1.25% 1.25%
2018-07-11 02:00 PM BoC Monetary Policy Report


Canada Money Last Previous Highest Lowest Unit
Interest Rate 1.25 1.25 16.00 0.25 percent [+]
Interbank Rate 1.75 1.75 8.95 0.43 percent [+]
Money Supply M0 90131.00 89896.00 90131.00 2214.00 CAD Million [+]
Money Supply M1 977978.00 974424.00 977978.00 30706.00 CAD Million [+]
Money Supply M2 1596330.00 1596479.00 1596479.00 25523.00 CAD Million [+]
Money Supply M3 2307338.00 2377425.00 2377425.00 37982.00 CAD Million [+]
Banks Balance Sheet 5473083.00 5543708.00 5543708.00 10516.00 CAD Million [+]
Central Bank Balance Sheet 110022.00 109327.00 111005.00 2226.00 CAD Million [+]
Foreign Exchange Reserves 80777.00 82221.00 86805.00 1678.00 USD Million [+]
Loans to Private Sector 389526.00 385061.00 389526.00 10904.00 CAD Million [+]
Deposit Interest Rate 0.10 0.10 15.96 0.05 percent [+]
Foreign Stock Investment 9130.00 6399.00 38783.00 -24129.00 CAD Million [+]
Private Debt to GDP 267.03 264.66 267.03 175.61 percent [+]


Canada Interest Rate

In Canada, benchmark interest rate is set by the Bank of Canada's (BoC) Governing Council. The official interest rate is the Overnight Rate. Since 1996 the Bank Rate is set at the upper limit of an operating band for the money market overnight rate. Previously, from March 1980 until February 1996 the Bank Rate was set at 25 basis points above the weekly average tender rate for 3-month Treasury bills. This page provides - Canada Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Interest Rate - actual data, historical chart and calendar of releases - was last updated on June of 2018.

Actual Previous Highest Lowest Dates Unit Frequency
1.25 1.25 16.00 0.25 1990 - 2018 percent Daily




interest rate by Country
Country Last
Turkey 17.75 Jun/18
Mexico 7.75 Jun/18
Russia 7.25 Jun/18
Brazil 6.50 Jun/18
India 6.25 Jun/18
Indonesia 4.75 May/18
China 4.35 May/18
United States 2.00 Jun/18
Australia 1.50 Jun/18
South Korea 1.50 May/18
Canada 1.25 May/18
United Kingdom 0.50 Jun/18
Euro Area 0.00 Jun/18
France 0.00 Jun/18
Germany 0.00 Jun/18
Italy 0.00 Jun/18
Netherlands 0.00 Jun/18
Spain 0.00 Jun/18
Japan -0.10 Jun/18
Switzerland -0.75 Jun/18


Related

Latest