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


December 14, 2017 Three Things Keeping Me Awake at Night

Remarks Stephen S. Poloz Canadian Club Toronto Toronto, Ontario
Governor Stephen S. Poloz discusses his long-term economic preoccupations now that the Canadian economy has nearly completed its journey home.

December 14, 2017 Economy making solid progress, but more work to be done, Bank of Canada Governor Poloz says

The Canadian economy has made excellent progress during 2017, but there is still important work to be done on several longer-term issues, Bank of Canada Governor Stephen S. Poloz said today.
Content Type(s): Press, Press Releases

December 6, 2017 Bank of Canada maintains overnight rate target at 1 per cent

The Bank of Canada today maintained 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.
Content Type(s): Press, Press Releases

November 29, 2017 Bank of Canada announces finalists for the third annual Governor’s Challenge

The Bank of Canada today announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council.
Content Type(s): Press, Press Releases

November 28, 2017 Release of the Financial System Review

Opening Statement Stephen S. Poloz Ottawa, Ontario
Press conference following the release of the Financial System Review.
Content Type(s): Press, Speeches

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Exchange Rates

Canadian dollar


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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