Canadian interest rates and inflation from Bank of Canada and StatCan series

The Bank of Canada's target for the overnight rate, the CORRA overnight repo benchmark and the Statistics Canada consumer price index with its annual rate. These are published statistical series, not offers from any institution.

About these figuresThese are published statistical series from the Bank of Canada and Statistics Canada: the target for the overnight rate the Bank of Canada sets, the CORRA overnight repo benchmark, and the consumer price index with its annual rate. None of them is a product, an account or an offer, and nothing here is financial advice.

Official statistics only. This page carries no Canadian deposit, mortgage or card product data: it publishes the Bank of Canada's policy rate and the CORRA benchmark and the Statistics Canada consumer price index, each reproduced as published with its observation date and release date. The consumer prices annual rate is Money Financial's calculation from the published index and is labelled as such. No implied endorsement by the Bank of Canada or Statistics Canada. Paid placement and referral relationships do not apply to this page because it carries neither.

Policy rate and overnight benchmark

The target for the overnight rate is the rate the Bank of Canada sets; it is a single effective-dated figure, shown with the last decision that moved it. CORRA is the overnight repo benchmark the Bank of Canada administers, observed each business day. A policy rate is not the same thing as the benchmark and the two are not interchangeable.

Target for the overnight rate, effective 2025-10-30.
Series	Rate
Target for the overnight rate	2.25%−0.25 pp
CORRA overnight repo benchmark	2.29%

Target for the overnight rate · Checked Bank of Canada release 2025-10-30; effective 2025-10-30; read 2026-09-23Canadian Overnight Repo Rate Average (CORRA) · Checked Bank of Canada release 2026-09-21; effective 2026-09-21; read 2026-09-23

Consumer prices

The consumer price index, all items, and the twelve-month change in it. The index is published by Statistics Canada; the annual rate is calculated from the published index and labelled as Money Financial's calculation rather than the publisher's figure.

Consumer Price Index, all-items, monthly index (2002 = 100), and its annual rate, effective 2026-08-31.
Series	Rate
Consumer price index, all items (2002 = 100)	169.80%−0.10 pp
Consumer price index, annual rate	3.00%

Consumer Price Index, all-items, monthly index (2002 = 100), and its annual rate · Checked Statistics Canada release 2026-09-14; effective 2026-08-31; read 2026-09-23

Source. Bank of Canada Valet series V39079 (target for the overnight rate) and AVG.INTWO (CORRA), and Statistics Canada table 18-10-0004-01 Consumer Price Index, all-items. Reproduced as published; the annual rate for the consumer prices series is Money Financial's calculation from the published index and is identified as such. No implied endorsement by the Bank of Canada or Statistics Canada.

A policy rate or benchmark is not an offer. No Canadian savings, mortgage or credit-card product appears on this page, and the rate available to a saver or borrower differs with the institution, the product and its conditions.