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

News

November 1, 2017 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

Opening Statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario
Content Type(s): Press, Speeches

October 31, 2017 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

October 25, 2017 Monetary Policy Report Press Conference Opening Statement

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s): Press, Speeches

October 25, 2017 Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Content Type(s): Press, Press Releases

October 25, 2017 Monetary Policy Report – October 2017

Monetary Policy Report - October 2017
Projections for Canadian economic growth have been increased to 3.1 per cent this year and 2.1 per cent in 2018, with growth of 1.5 per cent forecast for 2019.

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Exchange Rates

Canadian dollar

CAD

Schedule of Key Interest Rate Announcements and Monetary Policy Report

Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.


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