We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.


20 September 2016 Lower-for-longer interest rates require adjustments, Governor Poloz says

Canadians need to understand the forces that have led to a prolonged period of low interest rates and make adjustments, Bank of Canada Governor Stephen S. Poloz said.
Content Type(s): Press, Press Releases

20 September 2016 Living with Lower for Longer

Remarks Stephen S. Poloz Association des économistes québécois, the Cercle finance du Québec and CFA Québec Québec, Québec
Governor Stephen S. Poloz talks about the adjustments that savers and companies need to make in response to low interest rates, and economic policies that can help.
Content Type(s): Press, Speeches

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.
Content Type(s): Press, Press Releases

14 September 2016 (S)low for Long and Financial Stability

Remarks Carolyn Wilkins Official Monetary and Financial Institutions Forum City Lecture London, United Kingdom
Senior Deputy Governor Carolyn Wilkins discusses the financial stability risks associated with slow growth and low interest rates, and explores strategies to mitigate them.
Content Type(s): Press, Speeches

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Daily Noon Exchange Rates

CAD/USD Noon Rate

CAD/USD Noon Rate - Past 3 months

2016-09-23: 1 CAD = 0.7596 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.

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