Rates
Interest rates & bond yields
The Bank of Canada moves its policy rate to steer inflation toward its 2% target.
Policy rate 2.25% ▼ −0.25 on Oct 30, 2025
Bank rate 2.50% — ceiling of the range
Bond yields · 2Y / 5Y / 10Y 2.8%/3.1%/3.5% Government of Canada benchmarks
Policy rate vs. inflation
Dashed line marks the 2% target — where the Bank wants CPI to sit.
Policy rate CPI (YoY) 2% target
Government of Canada benchmark bond yields
What the market charges to lend to Ottawa across 2-, 5- and 10-year horizons.