We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
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.
19 May 2015 The Way Home: Reading the Economic SignsGovernor Poloz discusses some key indicators the Bank is watching as the Canadian economy heads toward sustainable balanced growth.
18 May 2015 Bank of Canada to issue a commemorative bank note marking the historic reign of Queen Elizabeth IIAs 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.
Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.