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Bank of Canada Monetary Policy
Decisions
Target for
the ON
Rate
Mar 12, 2025 2.75 -0.25
Jan 29, 2025 3.00 -0.25
Dec 11, 2024 3.25 -0.50
Oct 23, 2024 3.75 -0.50
Sep 04, 2024 4.25 -0.25
Jul 24, 2024 4.50 -0.25
Jun 05, 2024 4.75 -0.25
Jul 12, 2023 5.00 +0.25
Jun 07, 2023 4.75 +0.25
Jan 25, 2023 4.50 +0.25
Dec 07, 2022
4.25 +0.50
Oct 26, 2022 3.75 +0.50
Sep 07, 2022 3.25 +0.75
Jul 13, 2022 2.50 +1.00
Jun 01, 2022 1.50 +0.50
Apr 13, 2022 1.00 +0.50
Mar 02, 2022 0.50 +0.25
Mar 27, 2020 0.25 -0.50
Mar 13, 2020 0.75 -0.50
Mar 04, 2020 1.25 -0.50
Oct 24, 2018 1.75 +0.25
Jul 11, 2018 1.50 +0.25
Jan 17, 2018 1.25 +0.25
Sep 06, 2017 1.00 +0.25
Jul 12, 2017 0.75 +0.25
Jul 15, 2015 0.50 -0.25
Jan 21, 2015 0.75 -0.25
Sep 08, 2010 1.00 +0.25
Jul 20, 2010 0.75 +0.25
Jun 01, 2010 0.50 +0.25
Apr 21, 2009
0.25 -0.25
Mar 03, 2009 0.50 -0.50
Jan 20, 2009 1.00 -0.50
Dec 09, 2008 1.50 -0.75
Oct 21, 2008 2.25 -0.25
Oct 08, 2008 2.50 -0.50
Apr 22, 2008 3.00 -0.50
Mar 04, 2008 3.50 -0.50
Jan 22, 2008 4.00 -0.25
Dec 04, 2007 4.25 -0.25
Jul 10, 2007 4.50 +0.25
May 24, 2006 4.25 +0.25
Apr 25, 2006 4.00 +0.25
Mar 07, 2006 3.75 +0.25
Jan 24, 2006 3.50 +0.25
Dec 06, 2005 3.25 +0.25
Oct 18, 2005 3.00 +0.25
Sep 07, 2005 2.75 +0.25
Oct 19, 2004 2.50 +0.25
Sep 08, 2004 2.25 +0.25
Apr 13, 2004 2.00 -0.25
Mar 02, 2004 2.25 -0.25
Jan 20, 2004 2.50 -0.25
Sep 03, 2003 2.75 -0.25
Jul 15, 2003 3.00 -0.25
Apr 15, 2003 3.25 +0.25
Mar 04, 2003 3.00 +0.25
Jul 16, 2002 2.75 +0.25
Jun 04, 2002 2.50 +0.25
Apr 16, 2002 2.25 +0.25
Jan 15, 2002 2.00 -0.25
Nov 27, 2001 2.25 -0.50
Oct 23, 2001 2.75 -0.75
Sep 17, 2001 3.50 -0.50
Aug 28, 2001 4.00 -0.25
Jul 17, 2001 4.25 -0.25
May 29, 2001 4.50 -0.25
Apr 17, 2001 4.75 -0.25
Mar 06, 2001 5.00 -0.50
Jan 23, 2001 5.50 -0.25
May 17, 2000 5.75 +0.50
Mar 22, 2000 5,25 +0.25
Feb 03, 2000 5.00 +0.25
Nov 17, 1999 4.75 +0.25
May 04, 1999 4.50 -0.25
Mar 31, 1999 4.75 -0.25
Nov 18, 1998 5.00 -0.25
Oct 16, 1998 5.25 -0.25
Sep 29, 1998 5.50 -0.25
Aug 27, 1998 5.75 +1.00
Jan 30, 1998 4.75 +0.50
Dec 12, 1997 4.25 +0.50
Nov 25, 1997 3,75 +0.25
Oct 01, 1997 3.50 +0.25
Jun 26, 1997 3.25
Data Source: Bank of Canada
No responsibility is taken for the correctness of this information
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