What is the Bank of Canada interest rate right now?
The Bank of Canada's policy rate is 2.50% (up 0.25 on October 28), and banks' prime rate is 4.70%. The next decision is December 9, 2026.
Source: Bank of Canada, November 4, 2026.
Today's rates and the mortgage calculator
More Burlington questions
- What is the typical home price in Burlington, Ontario?
- How many homes sold in Burlington last month?
- How long does it take to sell a home in Burlington?
- How many homes are for sale in Burlington right now?
- Does Burlington have a municipal land transfer tax?
- What is the property tax rate in Burlington?
- What is the posted 5-year mortgage rate in Canada?
- What are the neighbourhoods in Burlington, Ontario?
- Which Burlington neighbourhoods cost the most and least?
General information, not advice about a particular home. For what your own home might sell for, ask for a market report.