Imagine yourself playing a central role in the economic well-being of all Canadians. Imagine yourself at the Bank of Canada.
Banks and federally chartered trust and loan companies are required to transfer to the Bank of Canada all unclaimed bank balances maintained in Canada in Canadian currency that have been inactive for a period of 10 years.
Economic growth in Canada is expected to average 2.1 per cent in 2015 and 2.4 per cent in 2016, with a return to full capacity around the end of 2016.
Our currency has come a long way. And it’s going even further. The new polymer notes look and feel quite different, but they’re a good change for Canadians. They are highly secure, durable and innovative.
Browse and filter Bank of Canada publications by author, JEL code, topic and content type.
In 2016, the Bank of Canada and the Government of Canada will renew Canada’s Agreement on the Inflation-Control Target.
Browse and filter Bank of Canada research documents by author, JEL code, topic and content type.
Features the latest research publications by Bank of Canada economists externally and on this website.
Browse and filter Bank of Canada press content by topic, author, location and content type.
Lessons New and Old: Reinventing Central Banking – Stephen S. Poloz, the Governor of the Bank of Canada, speaks at Western University. (14:15 (ET) approx.)
Bank of Canada exchange rates are nominal quotations — not buying or selling rates — and are intended for statistical or analytical purposes.
The Bank carefully monitors changes in credit conditions, the money supply, financial system liquidity, as well as in other credit-market indicators.
2015-03-03: CORRA = 0.7935
Selected Canadian and International Interest Rates including Bond Yields and Interest Arbitrage. PDF format. Updated annually.
U.S. Prime Rate Charged by Banks, Federal Funds Rate, Commercial Paper.
Yields on zero-coupon bonds, generated using pricing data on Government of Canada bonds and treasury bills.
The market in which short-term capital is raised, invested, and traded using financial instruments such as treasury bills, bankers’ acceptances, commercial paper, and bonds maturing in one year or less.
This tool allows you to make side-by-side comparisons of changes to the Bank Rate and the target for the overnight rate over time.
Changes in the key interest rate influence other interest rates, and so affect people’s spending decisions.