Official figures

Bank of Canada survey puts median policy rate at 2.50% for December

The Bank of Canada published its third-quarter Market Participants Survey on November 9. It said the answers came from about 25 financial market participants, questioned from September 23 to October 1, 2026. The median respondent expected the policy rate at 2.25% in October and 2.50% in December, then 2.75% in the fourth quarter of 2027. Of the 23 who answered the question on risks, 52.0% said they were skewed to a higher path and 0.0% said a lower path. The median expectation for total CPI inflation at the end of 2026 was 3.0%.

Economy. Added November 10, 6:21 pm Saskatchewan time.References 1