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# Canada Interest Rate

> Canada interest rate is 2.3% as of Aug 2026, from 2.3%. History from 1960, source Bank for International Settlements. Free API & MCP access.

Interest Rate in Canada held at 2.3% in Aug 2026 from 2.3% in Jul 2026.

Interest Rate in Canada averaged 3.3% from 1960 until 2026, reaching an all-time high of 21.1% in Aug 1981 and a record low of 0.3% in Feb 2022. The series is reported monthly with history from 1960.

## Stats

| Actual | Previous | Highest | Lowest | Span | Unit | Frequency |
| --- | --- | --- | --- | --- | --- | --- |
| 2.3% | 2.3% | 21.1% (Aug 1981) | 0.3% (Feb 2022) | 1960–2026 | % | monthly |

## FAQ

**What is Canada's interest rate right now?**

Interest Rate in Canada is 2.3% as of Aug 2026.

**What are the historical extremes for Canada's interest rate?**

The all-time high is 21.1% (Aug 1981); the record low is 0.3% (Feb 2022), over a series starting in 1960.

**How often is this series updated?**

Interest Rate for Canada is a monthly series; values refresh when new data is published or revised.

**Where does this data come from?**

See our methodology page for how we source and verify every series.

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Full history via API: `GET https://api.economicsapi.com/v1/history?country=canada&indicator=interest-rate`.
Back to [Canada economy](/canada.md).