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


September 16, 2019

Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in Canada during April 2019

During the month of April, the Bank of Canada and 51 other central banks and monetary authorities conducted the latest survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. This worldwide effort was coordinated by the Bank for International Settlements (BIS) and is undertaken every three years.
Content Type(s): Press, Press Releases
September 16, 2019

Bank of Canada announces the launch of the 2020 Fellowship Program awards

The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2020 Fellowship and Governor’s awards.
Content Type(s): Press, Announcements
September 5, 2019

Canadian economy resilient even as global outlook worsens

Lawrence L. Schembri Halifax Chamber of Commerce Halifax, Nova Scotia
Speaking a day after we decided to hold interest rates steady, Deputy Governor Lawrence Schembri discussed the key points Governing Council considered in their decision.
September 4, 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
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

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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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