We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
3 February 2016 Opening Statement before the Standing Senate Committee on Banking, Trade and CommerceStephen Murchison discusses the causes and economic impact of movements in the Canadian dollar exchange rate.
20 January 2016 Monetary Policy Report Press Conference Opening StatementGovernor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
20 January 2016 Bank of Canada maintains overnight rate target at 1/2 per centThe 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.
20 January 2016 Monetary Policy Report - January 2016Growth in Canada’s economy is expected to reach 1.4 per cent this year and accelerate to 2.4 per cent in 2017.
2 February 2016
1 February 2016
Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.