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

News

April 6, 2020

Business Outlook Survey—Spring 2020

Results from the spring Business Outlook Survey suggest that business sentiment had softened in most regions even before concerns around COVID‑19 intensified in Canada. Confidence deteriorated the most among firms in energy-producing regions.
Content Type(s): Publications, Business Outlook Survey
April 6, 2020

Canadian Survey of Consumer Expectations—First Quarter of 2020

The Canadian Survey of Consumer Expectations (CSCE) focuses on respondents’ views on inflation, the labour market and household finances. The survey for the first quarter of 2020 was conducted between January 29 and February 19, 2020. Results were therefore obtained before COVID‑19 became a major concern for Canadians and affected their outlook. This is the second quarterly publication of the results of the CSCE. Data collection began in the fourth quarter of 2014.
Content Type(s): Publications, Canadian Survey of Consumer Expectations
March 31, 2020

Bank of Canada welcomes use of new liquidity facility by financial institutions

The Bank of Canada today welcomed the move by a number of Canadian banks, including the six largest, to draw on its new Standing Term Liquidity Facility (STLF).
Content Type(s): Press, Press Releases
March 30, 2020

Bank of Canada announces successful launch of standing term liquidity facility

The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF).
Content Type(s): Press, Press Releases
March 27, 2020

Press Conference Opening Statement – March 27, 2020

Opening Statement Stephen S. Poloz Ottawa, Ontario
This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic.
Content Type(s): Press, Speeches

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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.