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


27 May 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.
Content Type(s): Press, Press Releases

19 May 2015 The Way Home: Reading the Economic Signs

Remarks Stephen S. Poloz Greater Charlottetown Area Chamber of Commerce Charlottetown, Prince Edward Island
Governor Poloz discusses some key indicators the Bank is watching as the Canadian economy heads toward sustainable balanced growth.
Content Type(s): Press, Speeches

18 May 2015 Bank of Canada to issue a commemorative bank note marking the historic reign of Queen Elizabeth II

As announced by the Prime Minister’s Office, the Bank of Canada will contribute to the Government of Canada’s plans to commemorate the historic reign of Her Majesty Queen Elizabeth II by issuing a commemorative bank note in 2015.
Content Type(s): Announcements, Press

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CAD-USD Noon Rate

CAD-USD Noon Rate - Past 3 months

2015-05-28: 1 CAD = 0.8015 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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