Check your rate

Benchmark rates

Benchmark Interest Rates in Canada

Bank of Canada benchmark rates that price Canadian borrowing, each with its series code, as-of date and source link.

Check your rate
Target for the overnight rate 2.25 percent per year Bank Rate 2.5 percent per year Prime business rate 4.45 percent per year Government of Canada 2-year benchmark bond yield 3.35 percent per year Government of Canada 5-year benchmark bond yield 3.64 percent per year Government of Canada 10-year benchmark bond yield 3.92 percent per year Conventional 5-year mortgage rate 6.09 percent per year

Find out what you qualify for

One short form, passed to a licensed lender or matching partner. Free, with no obligation to accept an offer.

Check your rate

LoanLoon is not a lender. We do not make credit decisions, set rates, or guarantee approval. The lowest rates are only available to the most qualified applicants.

Sources and further reading