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


February 21, 2019

History demonstrates the power and limitations of monetary policy, Governor Poloz says

Monetary policy has proven to be a powerful instrument to control inflation and promote Canada’s economic welfare, subject to a number of limitations, Bank of Canada Governor Stephen S. Poloz said today.
Content Type(s): Press, Press Releases
February 21, 2019

Toward 2021: The Power—and Limitations—of Policy

Remarks Stephen S. Poloz The Chamber of Commerce of Metropolitan Montreal Montréal, Quebec
Governor Poloz explains that monetary policy is a powerful tool to promote economic welfare, but it also has some important limits.
February 21, 2019

Monetary policy brings benefits—but has limits

In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty.
February 19, 2019

Wilfrid Laurier University crowned National Champion of The Governor’s Challenge

Wilfrid Laurier University has won the Bank of Canada’s fourth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
Content Type(s): Press, Press Releases
February 6, 2019

Taking Precautions: The Canadian Approach to Foreign Reserves Management

Remarks Timothy Lane Peterson Institute for International Economics Washington, D.C.
Deputy Governor Timothy Lane discusses how Canada manages its foreign exchange reserves.
Content Type(s): Press, Speeches Topic(s): Foreign reserves management

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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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