Bank of Canada's next rate call looms
The Bank of Canada's next scheduled interest rate announcement will arrive alongside a fresh Monetary Policy Report. Agents should hold off telling clients where fixed rates are headed until that report lands.
On the Calendar
What drops today or this week.
Bank of Canada's next decision
The next scheduled interest rate announcement lands October 28 at 9:45 a.m. ET, alongside a Monetary Policy Report. Mark it if any client's pre-approval or renewal timing sits close to that date.
No Monetary Policy Report with this week's rate call
The Bank of Canada's next rate announcement lands this week without an accompanying Monetary Policy Report. Markets aren't pricing in a surprise, so the statement's language on trade risk is the part worth reading closely, not the rate itself.
Next rate decision: Wednesday 2 September, 9:45 am ET
The Bank's next scheduled interest rate announcement is 2 September. There is no Monetary Policy Report attached to it — the next one of those comes with the 28 October decision. Six weeks of quiet is a long window to get renewal conversations started.