We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
January 22, 2020
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.
January 22, 2020
Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Content Type(s):
Press,
Press Releases
January 22, 2020
The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021.
Monetary Policy Report – January 2020
Content Type(s):
Publications,
Monetary Policy Report
January 21, 2020
The Bank of Canada announces it is creating a working group with five other central banks and the Bank for International Settlements to assess the potential cases for central bank digital currencies.
Central bank group to assess potential cases for central bank digital currencies
Content Type(s):
Press,
Announcements
Topic(s):
Digital Currencies and Fintech
January 13, 2020
Results from the winter Business Outlook Survey suggest that business sentiment is broadly positive except in the Prairies, where indicators remain weak. In aggregate, firms’ outlook is supported by expectations of healthy domestic and foreign sales.
Business Outlook Survey—Winter 2019–20
Content Type(s):
Publications,
Business Outlook Survey
Canadian dollar
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.
Market Notices
September 10, 2019
Debt Management Strategy Consultations – 2020-21
Upcoming Events
- January 30, 2020
Speech – Paul Beaudry, Deputy Governor
- February 5, 2020
Speech – Carolyn A. Wilkins, Senior Deputy Governor
- February 14, 2020
Publication – Results of the Senior Loan Officer Survey
- February 25, 2020
Speech – Timothy Lane, Deputy Governor
- March 4, 2020
Media Lock-up - Interest Rate Announcement