Interest Rate Announcements

Interest Rate Announcements

The Bank of Canada will announce interest rates on 8 scheduled dates this year. The first announcement was held on January 24th with the result being that it would be holding interest rate steady at 5%.

The announcement schedule is on the following dates:

January 24 – Interest Rate/Monetary Policy Report

March 6 – Interest Rate

April 10 – Interest Rate/Monetary Policy Report

June 5 – Interest Rate

July 24 – Interest Rate/Monetary Policy Report

September 4 – Interest Rate

October 23 – Interest Rate/Monetary Policy Report

December 11 – Interest Rate

Anyone is able to find the historical report of monetary policy changes from the Bank of Canada’s website as well as any announcements associated with the interest rates will also be available on the same website!

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