Bank of Canada Holds Interest Rate Amid Economic Growth Concerns

The Bank of Canada announced its latest interest rate decision on February 5, 2026. According to the officials who discussed the decision, the rate remains unchanged at a certain level.

The Bank of Canada's officials emphasized that their priority is maintaining low inflation rates and promoting economic growth. They pointed out that they carefully monitor various indicators before making any changes to interest rates.

No specific targets or predictions were mentioned during the discussion.