Bank of Canada

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

Upcoming Webcast

Lawrence Schembri speaks before the Atlantic Institute for Market Studies.

Canadian Fixed-Income Forum Survey Results

Survey on liquidity, transparency and market access in Canadian fixed-income markets.

Renewal of the Inflation-Control Target

The target will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range.

Monetary Policy Report - October 2016

Growth in the Canadian economy is expected to increase from 1.1 per cent this year to about 2.0 per cent in 2017 and 2018.

A Bank NOTE-able Canadian Woman

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

News

1 November 2016 Inflation-target renewal helps give certainty in uncertain times, Governor Poloz says

Media Relations Vancouver, British Columbia

The renewal of the Bank of Canada’s framework for inflation targeting will help Canadian businesses and consumers by providing certainty around their financial plans, Governor Stephen S. Poloz said today.

Content Type(s): Press, Press Releases

1 November 2016 25 Years of Inflation Targets: Certainty for Uncertain Times

Remarks Stephen S. Poloz Business Council of British Columbia Vancouver, British Columbia

Governor Stephen S. Poloz discusses the renewal of Canada’s inflation-targeting agreement and how it continues to help the economy.

Content Type(s): Press, Speeches

24 October 2016 Opening Statement before the House of Commons Standing Committee on Finance

Opening Statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

Content Type(s): Press, Speeches

24 October 2016 Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

Media Relations Ottawa, Ontario

The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021.

Content Type(s): Press, Press Releases