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


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
January 31, 2019

Canada’s job market is solid, but some key questions remain, Senior Deputy Governor Wilkins says

While the labour market in Canada is in good shape overall, answers to some key questions will help provide insight into slower-than-expected wage growth, Senior Deputy Governor Carolyn A. Wilkins said today.
Content Type(s): Press, Press Releases
January 31, 2019

A Look Under the Hood of Canada’s Job Market

Remarks Carolyn A. Wilkins Toronto Region Board of Trade Toronto, Ontario
Senior Deputy Governor Carolyn A. Wilkins discusses developments in the Canadian labour market and factors that may help explain why wage growth is slower than expected.
January 9, 2019

Monetary Policy Report Press Conference Opening Statement

Opening Statement Stephen S. Poloz Ottawa, Ontario
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s): Press, Speeches
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.
Content Type(s): Press, Press Releases

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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.

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