If you have a variable rate mortgage, it is most likely that the interest rate that applies to your mortgage is dependent on the Bank of Canada Rate. The Bank of Canada announces any changes to this rate at the pre-determined dates below.
The announcement dates for 2026 are:
- Wednesday, January 28*
- Wednesday, March 18
- Wednesday, April 29*
- Wednesday, June 10
- Wednesday, July 15*
- Wednesday, September 2
- Wednesday, October 28*
- Wednesday, December 9
*Monetary Policy Report published