We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
Latest Webcast
Carolyn Wilkins delivers the Official Monetary and Financial Institutions Forum (OMFIF) City Lecture.
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.
News
14 September 2016 Slow global growth poses risks for financial stability, says Senior Deputy Governor Wilkins
The decline in the global economy’s potential to grow, and the lower interest rates that come with it, pose risks for financial stability, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. Those risks can be mitigated through deliberate efforts from the private sector and policy-makers.14 September 2016 (S)low for Long and Financial Stability
Senior Deputy Governor Carolyn Wilkins discusses the financial stability risks associated with slow growth and low interest rates, and explores strategies to mitigate them.8 September 2016 Committed to a better Canada: The Bank of Canada’s role in challenging economic times
Deputy Governor Timothy Lane discusses the outlook for the Canadian economy and the Bank of Canada’s mandate and responsibilities.7 September 2016 Bank of Canada maintains overnight rate target at 1/2 per cent
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.
Daily Noon Exchange Rates
CAD/USD Noon Rate
2016-09-14: 1 CAD = 0.7582 USD
Market Notices
Debt Management Strategy Consultations – 2017-18
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.