Live Rates
Fed Funds 3.75%30yr Mortgage 6.36%15yr Mortgage 5.71%HYSA APY 4.10%Inflation CPI 3.30%10yr Treasury 4.37%Prime Rate 6.75%Auto Loan 60mo 7.20%Savings Rate 0.38%Fed Funds 3.75%30yr Mortgage 6.36%15yr Mortgage 5.71%HYSA APY 4.10%Inflation CPI 3.30%10yr Treasury 4.37%Prime Rate 6.75%Auto Loan 60mo 7.20%Savings Rate 0.38%
LIVE · UPDATED MANUALLY

🇨🇦 Canada Interest Rates

Key benchmark rates for Canada — BoC Policy Rate 2.75%, inflation 2.2%. Used automatically in CAD-denominated calculators.

LAST UPDATED
2026-05-09
Bank of Canada Valet API (automated)
BoC Policy Rate
2.75%

Bank of Canada overnight rate target. Drives the Prime Rate and variable mortgage rates.

5yr Fixed Mortgage
4.50%

The most common Canadian mortgage term. Fixed for five years regardless of BoC moves.

Variable Mortgage
4.45%

Floating-rate mortgage, typically Prime minus a discount. Moves with every BoC rate decision.

HISA Rate
3.50%

High-Interest Savings Account rate from top digital banks (EQ, Oaken, Simplii).

GIC 1yr
4.20%

Guaranteed Investment Certificate — 1-year term, principal guaranteed. Best offered by credit unions.

CPI Inflation
2.20%

Canada CPI year-over-year. BoC targets 2% at the midpoint of its 1–3% control range.

Prime Rate
4.95%

Canadian Prime Rate = BoC Policy Rate + 2.20%. Used as the base for variable mortgages and HELOCs.

2026Thresholds & Limits

TFSA Annual Limit 2026
C$7,000
TFSA Cumulative Limit
C$102,000
RRSP Deduction Limit
C$32,490
Basic Personal Amount
C$16,129

How We Source These Rates

Canada rates are sourced from Bank of Canada Valet API (automated) and updated manually on a scheduled basis. Each update is tracked with calendar reminders to keep data current.

Last checked: 2026-05-09

Use These Rates in Calculators

All Canadacalculators on NookWealth pre-fill with the rates shown here — whether you're modelling a home loan, RRSP, or retirement savings.

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