We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
August 10, 2020 Bank of Canada Governor Tiff Macklem has designated Interac e‑Transfer® as a prominent payment system under the Payment Clearing and Settlement Act, effective August 10, 2020. This brings Bank oversight to this payment system and ensures it remains a safe, viable and effective method of payment for Canadians.
August 6, 2020 The Circle will provide advice and recommendations on how Indigenous Peoples in Canada might be represented on future bank notes. They will also provide guidance to the Bank of Canada Museum on its collections, programs and exhibitions that relate to Indigenous Peoples.
July 30, 2020
Bank of Canada publishes its 2021 schedule for policy interest rate announcements and other major publications, makes change to effective date of rate decisionsThe Bank of Canada today published its 2021 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
July 15, 2020 Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
July 15, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easingThe Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent.
August 17, 2020
August 20, 2020
August 25, 2020
August 27, 2020