Bank of Canada Rate Hike in 2026?
What resolves this contract
This market will resolve to “Yes” if the Bank of Canada's target for the overnight rate is increased at any point between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. This market may not resolve to "No" until December 31, 2026, 11:59 PM ET has passed. The primary resolution source for this market will be official information from the Bank of Canada (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates); however, a consensus of credible reporting may also be used.
How to read the price
Prediction market prices are expressed in cents on the dollar. A YES contract trading at 46¢ means the market is pricing in a 46.5% implied probability of the event resolving YES. If resolution comes back YES, the contract pays $1. If NO, it pays $0.
Volume vs. open interest
Total traded volume ($9,552) reflects every buy and sell across the life of this contract. Open interest ($2,475) is the dollar value of positions currently held by traders. Deep liquidity and wide open interest are the two signals that the quoted price is reliable.
Where to trade this market
This contract is listed on Polymarket. PicksByOdds does not accept deposits, execute trades, or offer brokerage. We publish the data; you decide what to do with it.
Markets in the same story
| Market | YES | Volume |
|---|---|---|
| Will Liam Lawson be the 2026 F1 Drivers' Champion? | 1¢ | $9,862,246 |
| Will the Fed decrease interest rates by 25 bps after the June 2026 meeting? | 1¢ | $9,798,147 |
| Will Gabriel Bortoleto be the 2026 F1 Drivers' Champion? | 1¢ | $9,657,323 |
Common questions about this market
How is this market resolved?
This market will resolve to “Yes” if the Bank of Canada's target for the overnight rate is increased at any point between market creation and December 31, 2026, 11:59 PM ET. Otherwise, this market will resolve to “No”. This market may not resolve to "No" until December 31, 2026, 11:59 PM ET has passed. The primary resolution source for this market will be official information from the Bank of Canada (https://www.bankofcanada.ca/core-functions/monetary-policy/key-interest-rate/#target-dates); however, a consensus of credible reporting may also be used.
When does this contract expire?
This contract closes on 2026-12-31, 212 days from now. After close, the final outcome is determined per the resolution rules above, and contracts settle at $1 (winning side) or $0 (losing side).
What happens if I buy YES at 46¢?
If the event resolves YES, each YES contract pays $1 , a profit of 53¢ per dollar risked. If it resolves NO, the contract pays $0 and the full 46¢ is lost. Current market price implies a 46.5% probability of YES.
Where is this market listed?
This contract is listed on Polymarket. PicksByOdds aggregates and displays public market data; we do not broker trades or custody funds.
How reliable is the quoted price?
This market has $9,552 in total traded volume and $2,475 in open interest. Deeper liquidity generally means tighter spreads and more reliable implied probabilities. Prices refresh multiple times per day.