Canada Interest Rate

Canada Policy Interest Rate Holds at 2.25%

Brief · Published 2026-08-31 · Data period 2026-08-31

This brief was generated automatically from the published data; no human byline is attached. Read the methodology.

Canada's policy interest rate held at 2.25% in August 2026, unchanged from July. The rate has been at this level since October 2025, marking 11 consecutive months of stability. The current rate is well below the all-time high of 21.07% recorded in August 1981 and above the record low of 0.25% set in February 2022. A year earlier, the rate stood at 2.75%, according to the Bank for International Settlements.

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Source & methodology

Data source: Bank for International Settlements.

Values are verified on ingest and republished only when the source revises. How we source and standardize data, including how to request an audit trail for any value.