Today's Bank of Canada Rate Announcement The next Bank of Canada interest rate announcement is today, Wednesday, January 28, 2026 , scheduled for 9:45 AM ET. This marks the first decision of the year, with a press conference typically following to discuss economic updates and potential rate changes.

Full 2026 Schedule

The Bank of Canada follows a fixed calendar for its eight annual policy announcements, all at 9:45 AM ET. Monetary Policy Reports accompany the January, April, July, and October releases, offering deeper inflation and growth forecasts. Here's the complete lineup:

Date| Day| Notes
---|---|---
January 28, 2026| Wednesday| Today ; MPR released 1
March 18, 2026| Wednesday|
April 29, 2026| Wednesday| MPR released 3
June 10, 2026| Wednesday|
July 15, 2026| Wednesday| MPR released 5
September 2, 2026| Wednesday|
October 28, 2026| Wednesday| MPR released 7
December 9, 2026| Wednesday|

Why It Matters Now

With the current date being January 28, 2026, at 7:22 PM UTC (3:22 PM ET), the announcement has already occurred earlier today—check official channels for the outcome if you haven't. These decisions influence mortgages, loans, and savings across Canada, often sparking market reactions. For context, past announcements like December 2025 reconfirmed steady scheduling amid economic shifts.

Quick Tips

  • Live Updates : Follow BankofCanada.ca or financial news for post-announcement pressers.
  • Historical Pattern : Rates have been adjusted based on inflation trends; today's could signal cuts or holds.
  • Impact Example : A rate drop might lower variable mortgage payments, as seen in prior cycles.

TL;DR : Today's the day—January 28, 2026, at 9:45 AM ET—with seven more dates through December.

Information gathered from public forums or data available on the internet and portrayed here.