Central Bank RatesCanada policy rate in 2025 (4 changes)
Start of year3.25%
End of year2.25%Dec 31, 2025
Net change-100 bp0 hikes, 4 cuts
Average2.704%
Rank by level32 / 38
Changes in 2025
| Date | From | To | Change |
|---|---|---|---|
| Jan 30, 2025 | 3.25% | 3.00% | cut -25 bp |
| Mar 13, 2025 | 3.00% | 2.75% | cut -25 bp |
| Sep 18, 2025 | 2.75% | 2.50% | cut -25 bp |
| Oct 30, 2025 | 2.50% | 2.25% | cut -25 bp |
Compared with other areas at the end of 2025
38%
16%
15%
9.25%
7.25%
7%
6.75%
6.5%
6.5%
5.75%
5.25%
4.75%
4.5%
4.5%
4.25%
4.25%
4.25%
4%
4%
4%
4%
3.75%
3.625%
3.6%
3.5%
3.5%
3%
2.75%
2.5%
2.25%
2.25%
2.25%
2%
1.75%
1.6%
1.25%
0.75%
0%
Year-end rate over time
2.25%
2.25%
3.25%
5%
4.25%
0.25%
0.25%
1.75%
1.75%
1%
0.5%
0.5%
1%
1%
1%
1%
1%
0.25%
1.5%
4.25%
4.25%
3.25%
2.5%
2.75%
2.75%
2.25%
5.75%
2025: hikes and cuts worldwide →
Daily policy-rate data compiled by the BIS. Not investment advice.