Economic indicators
The figures behind your loans, savings and prices, from the Bank of Canada and refreshed every day.
Inflation
Inflation (12-month CPI)
3.1%Sep 2026
Up 0.1 vs previous month.
How much prices rose on average over a year: when it is higher than what your savings earn, your buying power shrinks.
Understand this indicatorLast 2 years Core inflation: CPI-median
1.9%Sep 2026
Down 0.1 vs previous month.
A measure of underlying inflation, less affected by extreme price moves; the Bank of Canada watches it when setting its policy rate.
Understand this indicatorLast 2 years Core inflation: CPI-trim
1.8%Sep 2026
Down 0.1 vs previous month.
Another measure of underlying inflation that leaves out each month's largest price rises and falls; it also guides the Bank of Canada.
Understand this indicatorLast 2 years
Interest rates
Bank of Canada policy rate
2.50%Oct 30, 2026
Up 0.25 vs previous decision.
Set by the Bank of Canada, it feeds into the rates on lines of credit, loans, variable-rate mortgages and savings.
Understand this indicatorLast 2 years Prime rate
4.45%Oct 28, 2026
Down 0.25 vs previous change.
The banks' base rate for many lines of credit and variable-rate mortgages; each bank sets its own, and it follows the policy rate.
Understand this indicatorLast 2 years CORRA rate
2.55%Oct 30, 2026
Up 0.06 vs previous business day.
The cost of overnight borrowing between financial institutions; it closely follows the policy rate and is a benchmark for other rates.
Last 2 years 2-year Government of Canada bond yield
3.28%Oct 30, 2026
Down 0.08 vs previous business day.
The return the market asks to lend to the government for 2 years; it tends to influence short-term fixed rates, such as those on GICs and mortgages.
Last 2 years
Canadian dollar
US dollar (USD/CAD)
1.3960Oct 30, 2026
Down 0.0025 vs previous business day.
The price of one US dollar in Canadian dollars: it changes what you pay for purchases, trips and investments in US dollars.
Last 2 years