Core functions

Our main areas of responsibility

Monetary policy

We set and implement policies to achieve and maintain price stability. By adjusting the policy interest rate and using other monetary tools, we influence the rate of inflation.

Financial system

We monitor and assess risks, provide liquidity to financial markets and oversee the stability of key financial infrastructures to safeguard the financial welfare of Canadians.

Currency

We design, issue and distribute Canada’s bank notes. We work to ensure that Canadians have access to secure, reliable and high-quality bank notes.

Funds management

We manage the Government of Canada’s bank accounts, conduct auctions of government securities and provide other financial services to the government.

Retail payments supervision

We supervise payment service providers under the Retail Payment Activities Act. We make sure providers meet risk management requirements and keep your funds safe.