We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
April 22, 2021
April 21, 2021
Bank of Canada statement on Monetary Policy Report embargo breach
The Bank of Canada expects all media organizations to respect the embargo conditions for its key publications.
Content Type(s):
Press,
Press releases
April 21, 2021
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
April 21, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
Content Type(s):
Press,
Press releases
April 21, 2021
As the economy recovers from the COVID-19 pandemic, the Bank is forecasting growth of around 6 ½ percent this year, slowing to about 3 ¾ percent in 2022 and 3 ¼ percent in 2023.
Monetary Policy Report – April 2021
Content Type(s):
Publications,
Monetary Policy Report
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
- April 19, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (April 26-May 7)
- April 6, 2021 Bank of Canada to begin publishing CORRA Compounded Index
- April 5, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (April 12-23)
- March 23, 2021 Bank of Canada announces the discontinuation of market functioning programs introduced during COVID-19
- March 22, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (March 29-April 9)
Upcoming Events
- April 27, 2021 Appearance: Tiff Macklem, Governor
- May 13, 2021 Speech: Tiff Macklem, Governor
- May 14, 2021 Release: Senior Loan Officer Survey
- May 20, 2021 Press Conference: Financial System Review
- May 24, 2021 Victoria Day