On July 30, the Bank of Canada decided to maintain the policy rate from at 2.75%.
With still high uncertainty, the Canadian economy showing some resilience, and ongoing pressures on underlying inflation, Governing Council decided to hold the policy interest rate unchanged.
Effective rates on July 31, 2025
|
Bank of Canada |
Royal Bank of Canada Prime Rate |
| 2.75% |
4.95% |
Consult the press release issued by the Bank of Canada for more details.
