💹 Economy

Canada's economy right now

Interest rates, exchange rates, inflation, wages and jobs from the Bank of Canada and Statistics Canada, updated every month (exchange rates every business day).

Bank of Canada rate2.50%since Oct 29, 2026

Prime rate4.45%

5-year fixed mortgage6.19%posted rate, chartered banks

US dollar$1.3960CAD per USD · 2026-10-30

Inflation+3.1%September 2026

Unemployment6.5%September 2026

Average weekly earnings$1,355August 2026

Gas (regular)184.3¢/LSeptember 2026

🏦Interest ratesBank of Canada 2.50% · prime 4.45%💱Exchange ratesUSD/CAD 1.3960 📈Inflation (CPI)+3.1% over 12 months 💵Average wages$1,355 a week 💼Jobs & unemployment6.5% unemployment ⏱️Minimum wageEvery province, history since 1965 🌍ImmigrationPermanent & temporary residents ⛽Gas pricesBy city 🛒Grocery prices110 items 🍁Canada at a glanceEvery key number