Economic data reference

Bank of Canada Sources

Source values for policy-rate, monetary-policy, inflation-target, and exchange-rate data used across OpenBook Planning references and planning calculators.

Bank of Canada Source guide Event-driven review

Current source snapshot

Policy and exchange-rate anchors

Policy rate2.25%
Inflation target2% / 1%-3%
Latest MPR2026-04-29
Exchange-rate sources2

Plain-language context

What this reference means

This page identifies the Bank of Canada pages that can support calculator assumptions, economic context, and reference updates.

The policy rate is a point-in-time value. Exchange-rate pages are source values, not a local exchange-rate table. Specific monthly or annual exchange-rate values should be checked against current source pages before they are added to OpenBook data.

Reference table

Bank of Canada data sources

Data areaWhat it providesReview timingSource
Target for the overnight rate2.25% (2026-04-29). The Bank of Canada policy-rate page shows the target for the overnight rate and recent announcement history.After each scheduled interest-rate announcementPolicy interest rate
Inflation-control target2% / 1%-3%. Canada's inflation-control target is the 2% midpoint of a 1% to 3% control range over the medium term.Review when the monetary policy framework is renewedInflation-control target
Monetary Policy Report2026-04-29. The Monetary Policy Report presents the Bank's base-case projection for inflation and economic growth and discusses risks around the outlook.Quarterly, when a new Monetary Policy Report is publishedMonetary Policy Report
Monthly average exchange ratesTypically by 16:30 ET on the last business day of each month. Monthly exchange rates are indicative rates expressed as 1 unit of the foreign currency converted into Canadian dollars.Monthly if used in calculators or reference tablesMonthly exchange rates
Annual average exchange ratesPublished by 12:30 ET on the last business day of the year. Annual average exchange rates are indicative rates expressed as 1 unit of the foreign currency converted into Canadian dollars.Annually if used in calculators or reference tablesAnnual exchange rates

Notes and assumptions

Bank of Canada data can change on scheduled release dates. OpenBook Planning should use this page to show source provenance and review timing before values are reused in calculators.

Official sources

These links document the official sources used for this reference.