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Rates todaySource: Bank of Canada
Overnight rate target2.25%Oct 15, 2026 · unchanged
Prime rate4.45%Oct 14, 2026 · unchanged
5-year conventional mortgage rate6.19%Oct 14, 2026 · unchanged

Next Bank of Canada rate announcement: October 28, 2026. The mortgage rate is a posted rate published by the Bank of Canada; the rate a lender offers you may be lower and changes often.

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