We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
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Stephen S. Poloz speaks at Western University
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
4 March 2015 Bank of Canada maintains overnight rate target at 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.24 February 2015 Lessons New and Old: Reinventing Central Banking
Governor Stephen S. Poloz discusses the need to integrate financial stability concerns with inflation control in conducting monetary policy after the financial crisis.19 February 2015 Inflation, Expectations and Monetary Policy
Deputy Governor Agathe Côté discusses the importance of inflation expectations for monetary policy and a new survey the Bank of Canada created to monitor household expectations.
Daily Noon Exchange Rates
CAD-USD Noon Rate
2015-03-05: 1 CAD = 0.8012 USD
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.