We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
26 July 2016 Bank of Canada publishes 2017 schedule for policy interest rate announcements and release of the Monetary Policy ReportThe Bank of Canada today published its 2017 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.
Senior Deputy Governor Carolyn Wilkins discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
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.
13 July 2016 Monetary Policy Report – July 2016Canadian economic growth is projected to accelerate from 1.3 per cent this year to 2.2 per cent in 2017.
Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.