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

News

August 14, 2019

Bank of Canada Announces Joint Recipients of its 2019 Law Enforcement Award of Excellence for Counterfeit Deterrence

The Bank of Canada is pleased to announce the recipients of its 2019 Law Enforcement Award of Excellence for Counterfeit Deterrence.
Content Type(s): Press, Announcements
July 23, 2019

Bank of Canada publishes its 2020 schedule for policy interest rate announcements, the release of the Monetary Policy Report and other major publications

The Bank of Canada today published its 2020 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report and reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
Content Type(s): Press, Press Releases
July 16, 2019

Bank of Canada to become the administrator of key interest rate benchmark

The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets.
Content Type(s): Press, Press Releases
July 10, 2019

Monetary Policy Report Press Conference Opening Statement

Senior Deputy Governor Carolyn A. Wilkins discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
Content Type(s): Press, Speeches
July 10, 2019

Bank of Canada maintains overnight rate target at 1 ¾ percent

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
Content Type(s): Press, Press Releases

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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.


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