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


April 24, 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
April 24, 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
April 24, 2019

Monetary Policy Report – April 2019

The Bank’s new forecast calls for real economic growth of 1.2 per cent this year, 2.1 per cent next year and 2.0 per cent in 2021.
April 15, 2019

Business Outlook Survey—Spring 2019

Results from the spring Business Outlook Survey point to a moderation from previously high levels of domestic and foreign demand for firms in most regions. Investment and employment intentions remain positive.
April 15, 2019

Senior Loan Officer Survey—First Quarter of 2019

Overall household lending conditions were once again unchanged this quarter. Although business lending conditions were unchanged overall, some marginal price easing was driven by corporate lending conditions.

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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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