June 10, 2021
We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
June 9, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing
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
May 20, 2021
Release of the Financial System Review
Press conference following the release of the Financial System Review.
May 20, 2021
The Canadian financial system proved resilient during the COVID-19 pandemic—thanks to strong risk management and unprecedented fiscal and monetary policy support.
Financial System Review Summary—2021
Content Type(s):
Publications,
Financial System Review
May 13, 2021
Including everyone helps all of us
Governor Tiff Macklem explains why including people from all backgrounds is good for the Bank of Canada and the entire economy.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Coronavirus disease (COVID-19),
Financial services,
Monetary policy,
Potential output
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
- May 31, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (June 7-18)
- May 17, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (May 24-June 4)
- May 3, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (May 10-21)
- April 30, 2021 Bank of Canada announces changes to securities repo operations
- April 19, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (April 26-May 7)
Upcoming Events
- June 16, 2021 Appearance: Tiff Macklem, Governor
- June 24, 2021 Provincial Holiday
- July 1, 2021 Canada Day
- July 5, 2021 Release: Business Outlook Survey & Canadian Survey of Consumer Expectations
- July 14, 2021 Interest Rate Announcement & Monetary Policy Report