We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
March 18, 2024
March 6, 2024
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.
Content Type(s):
Press,
Press releases
March 6, 2024
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
February 7, 2024
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 24, 2024.
Summary of Governing Council deliberations: Fixed announcement date of January 24, 2024
Content Type(s):
Publications,
Summary of deliberations
February 6, 2024
Monetary policy: It’s perfectly imperfect
Governor Tiff Macklem speaks about the effectiveness—and limitations—of monetary policy. He highlights how raising and lowering the policy interest rate ultimately keeps inflation low, stable and predictable, despite significant shocks to the economy.We’re proud to be named a top #diversity employer for 2024.
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Canadian dollar
Market notices
- March 14, 2024 Release of the 2023 Bank of Canada FMI Oversight Activities Annual Report
- February 14, 2024 Start date for the morning auction of Receiver General cash balances
- February 8, 2024 Webpage for Government of Canada purchases of Canada Mortgage Bonds
- February 5, 2024 CFEC Releases Results of October 2023 Foreign Exchange Volume Survey
- February 2, 2024 Reintroduction of the morning auction of Receiver General cash balances
Upcoming events
- March 20, 2024 Publication: Summary of Deliberations
- March 21, 2024 Speech: Toni Gravelle, Deputy Governor
- March 26, 2024 Speech: Carolyn Rogers, Senior Deputy Governor
- March 29, 2024 Good Friday
- April 1, 2024 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations