Bank of Canada Meeting Schedule 2026
The Bank of Canada's Governing Council makes eight interest rate announcements in 2026, all released at 9:45am ET on a Wednesday. Four of the eight (January, April, July and October) also bring the quarterly Monetary Policy Report and the Governor's press conference at 10:30am ET — those are the big days for the Canadian dollar, Government of Canada bonds and Canadian bank stocks. A Business Outlook Survey lands the Friday before every decision, and a summary of deliberations follows about two weeks after it.
When is the next Bank of Canada meeting?
The next Bank of Canada interest rate decision is announced Wed 28 Oct 2026 at 9:45am ET (13:45 UK). This announcement also brings the quarterly Monetary Policy Report, followed by the Governor's press conference at 10:30am ET.
- Decision date
- Wed 28 Oct 2026
- Statement time
- 9:45am ET · 13:45 UK
- Press conference
- 10:30am ET (Governor, MPR days only)
- Monetary Policy Report
- Yes — quarterly MPR released
- Summary of deliberations
- Nov 11, 2026
- What's at stake
- October MPR meeting one week after the October FOMC — the Fed-BoC policy gap is the story for USD/CAD.
Track the data feeding this decision on the economic calendar, follow the wire on live news, or compare with the Fed meeting schedule.
2026 Bank of Canada announcement dates
| Month | Decision day | Time (ET / UK) | MPR + presser | Summary of deliberations |
|---|---|---|---|---|
| January | Wed 28 Jan 2026 | 9:45 AM / 14:45 | Yes | Feb 11, 2026 |
| March | Wed 18 Mar 2026 | 9:45 AM / 13:45 | — | Apr 1, 2026 |
| April | Wed 29 Apr 2026 | 9:45 AM / 14:45 | Yes | May 13, 2026 |
| June | Wed 10 Jun 2026 | 9:45 AM / 14:45 | — | Jun 24, 2026 |
| July | Wed 15 Jul 2026 | 9:45 AM / 14:45 | Yes | Jul 29, 2026 |
| September | Wed 2 Sep 2026 | 9:45 AM / 14:45 | — | Sep 16, 2026 |
| October | Wed 28 Oct 2026 | 9:45 AM / 13:45 | Yes | Nov 11, 2026 |
| December | Wed 9 Dec 2026 | 9:45 AM / 14:45 | — | Dec 23, 2026 |
Source: Bank of Canada, 2026 interest rate announcement dates. Decisions are released at 9:45am ET; the Monetary Policy Report and Governor's press conference (10:30am ET) on MPR days only; summary of deliberations about two weeks after each announcement.
How to trade Bank of Canada days
Unlike the Fed or ECB, the BoC runs a lean release cycle: the statement at 9:45am ET is the event, and on non-MPR days there is no press conference to walk back or extend the move — so the first USD/CAD reaction is fast and tends to be the cleanest. The second leg comes from the Monetary Policy Report on MPR days, where revisions to the CPI and output-gap forecasts often move the loonie more than the rate call itself, and again two weeks later when the summary of deliberations reveals how contested the decision was. Canada's rate path is unusually exposed to two things outside the Bank's control: US trade policy, which feeds straight into export-facing growth, and oil — West Texas Intermediate strength is historically a tailwind for CAD. On announcement days, also watch the Friday-before Business Outlook Survey: a soft price-intentions reading has repeatedly front-run dovish statements.
The Bank of Canada's 2026 policy backdrop
The BoC ran one of the deepest easing cycles in the G7 through 2024–25, cutting from the 5.00% peak faster and further than the Fed — a gap that defined USD/CAD for two years. Into late 2026 the debate has shifted from how much lower to how long: with the easing largely delivered, Governing Council communication now leans on the level of the policy rate relative to neutral, the output gap, and the pass-through of US tariffs into Canadian consumer prices. That makes the four MPR rounds the real markers of the year — the rate decision tells you what the Bank did, the MPR tells you what it thinks happens next.
Track it live on the desk
- Economic calendar — Canadian CPI, jobs and GDP prints that shape the BoC's path.
- 2026 FOMC calendar & interest rate decision dates — the other half of the USD/CAD story.
- ECB meeting schedule 2026 — euro-area Governing Council dates and projection rounds.
- Bank of England meeting schedule 2026 — MPC announcement dates and report meetings.
- Bank of Japan meeting schedule 2026 — BoJ dates, Outlook Report meetings and press conferences.
- RBA meeting schedule 2026 — the other commodity-currency central bank.
- 2026 interest rate forecast — expected Fed, ECB, BoE and BoJ rate paths for the year.
- Live news feed — headlines as the statement crosses the wire.