The Bank of Canada today maintained the overnight rate. Prime will remain at 4.45%.

At the fifth announcement of 2026 and the sixth in a row, the Bank of Canada today decided to maintain the overnight rate. Prime will stay at 4.45%.

The next scheduled date for announcing the overnight rate target is September 2, 2026

https://www.bankofcanada.ca/2026/07/fad-press-release-2026-07-15/