Bank of Canada

We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.

Latest Webcast

Webcast of a press conference about the Monetary Policy Report.

Monetary Policy Report – July 2016

Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017.

Financial System Review - June 2016

The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems.

A Bank NOTE-able Canadian Woman

See which 12 iconic Canadian women are on the long list for the new bank note.

Renewing Canada’s Inflation-Control Agreement

In 2016, the Bank of Canada and the Government of Canada will renew Canada’s Agreement on the Inflation-Control Target.

The Bank of Canada today published its 2017 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.

Content Type(s): Press, Press Releases

13 July 2016 Monetary Policy Report Press Conference Opening Statement

Opening Statement Carolyn Wilkins, Stephen S. Poloz Ottawa, Ontario

Senior Deputy Governor Carolyn Wilkins discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

Content Type(s): Press, Speeches

13 July 2016 Bank of Canada maintains overnight rate target at 1/2 per cent

Media Relations Ottawa, Ontario

The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

Content Type(s): Press, Press Releases