Published: November 1, 2026 Citizens and investors in Canada are awaiting the Bank of Canada's interest rate decision on Wednesday, December 9, 2026, the last scheduled date to announce the interest rate during the year, after the bank raised the key interest rate at its previous meeting to 2.50%, amid ongoing inflationary pressures related to energy and trade changes. The anticipated step comes at a time when the bank seeks to achieve price stability and balance inflation risks with economic growth conditions and the labor market.
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