We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
January 9, 2019
Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
January 9, 2019
Bank of Canada maintains overnight rate target at 1 ¾ per cent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
January 9, 2019
The Bank projects that Canadian economic growth will slow to 1.7 per cent this year before rebounding to 2.1 per cent in 2020.
Monetary Policy Report – January 2019
December 21, 2018
Business Outlook Survey—Winter 2018
Results from the winter Business Outlook Survey continue to indicate positive business sentiment and elevated capacity pressures in most regions. For firms in the Prairies, the outlook has weakened.
December 21, 2018
Senior Loan Officer Survey—Fourth Quarter of 2018
Overall household lending conditions were unchanged this quarter, although mortgage approval rates were lower. More widespread easing of business lending conditions continues to be driven by competition for corporate borrowers.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.
Market Notices
November 13, 2018
Changes to publication of interest rate statistics
November 6, 2018