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Overnight Target Rate

Canadian Overnight Target Rate

The overnight rate is what the Bank of Canada charges when lending money to other financial institutions on an overnight basis. Changes to this rate impact other interest rates including consumer loans.

Date Value Previous Change
May 21, 2019 1.75 1.75 -- 
May 20, 2019 1.75 1.75 -- 
May 17, 2019 1.75 1.75 -- 
May 16, 2019 1.75 1.75 -- 
May 15, 2019 1.75 1.75 -- 
May 14, 2019 1.75 1.75 -- 
May 13, 2019 1.75 1.75 -- 
May 10, 2019 1.75 1.75 -- 
May 9, 2019 1.75 1.75 -- 
May 8, 2019 1.75 1.75 -- 
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