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

At the third announcement of 2026 and the fourth 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 June 10, 2026

https://www.bankofcanada.ca/2026/04/fad-press-release-2026-04-29/