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MacroLow impactConfirmed

Bank of Canada Interest Rate Announcement, December 9, 2026

The Bank of Canada announces its target for the overnight rate on Wednesday, December 9, 2026.

Wednesday, December 9, 2026 All day
63Days07Hours11Min41Sec Happening now
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About this event

The Bank of Canada sets monetary policy by steering short-term interest rates. It changes the target for the overnight rate on eight set dates each year. One of those dates is Wednesday, December 9, 2026, when the interest rate announcement is published.

The previous announcement in this series was on October 28, 2026.

Key facts

AnnouncementInterest rate announcement (target for the overnight rate)
Announcement dateDec 9, 2026
Published that dayInterest rate announcement
Target for the overnight rate when read (%, set 2026-09-02)2.25%

What to watch

  1. 1The target for the overnight rate announced on December 9, 2026
  2. 2The next rate announcement date, January 27, 2027
Bank of CanadaSource: bankofcanada.ca

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Questions

Short answers to what people ask most.

The Bank of Canada announces its target for the overnight rate on Wednesday, December 9, 2026.

The target for the overnight rate announced on December 9, 2026; The next rate announcement date, January 27, 2027.

Yes. The date and time come from Bank of Canada.