We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
16 April 2014 Release of the Monetary Policy ReportPress conference following the release of the Monetary Policy Report.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
16 April 2014 Monetary Policy Report - April 2014Economic growth in Canada is expected to average about 2 1/2 per cent in 2014 and 2015 before easing to around the 2 per cent growth rate of the economy’s potential in 2016.
The Board of Directors of the Bank of Canada today announced that Carolyn Wilkins has been appointed Senior Deputy Governor for a term of seven years beginning 2 May 2014.
11 February 2014
Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.