We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
March 9, 2020
Bank of Canada announces members of Advisory Council for next $5 bank note
The independent Advisory Council will develop a short list of iconic Canadians who could be featured on the next bank note.
Content Type(s):
Press,
Press Releases
March 6, 2020
Evaluating our approach to monetary policy
Under the Microscope
Content Type(s):
Publications,
The Economy, Plain and Simple
March 5, 2020
Labour market is key to Canada’s resilience
Governor Stephen S. Poloz talks about how the labour market is a key source of resilience for Canada’s economy and reviews the Bank of Canada’s decision to lower interest rates.
Content Type(s):
Press,
Speeches
Topic(s):
Interest rates,
Labour markets,
Monetary Policy,
Recent economic and financial developments
March 4, 2020
Bank of Canada lowers overnight rate target to 1 ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent.
Content Type(s):
Press,
Press Releases
March 3, 2020
Statement of G7 Finance Ministers and Central Bank Governors
We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions.
Content Type(s):
Press,
Press Releases
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
- April 6, 2020
Publication - Business Outlook Survey
- April 15, 2020
Press Conference - Monetary Policy Report
- May 14, 2020
Publication - Financial System Review