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In 2021, we renewed Canada’s flexible inflation-targeting framework for 2022 to 2026.
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
See the short list of portrait candidates for the next $5 bank note.
Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
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Inflation in Canada is still too high but has declined from its peak.
Learn more about our ongoing work on digital currencies. This includes research on a Canadian central bank digital currency (CBDC) and on financial technology (fintech).
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Release of the Monetary Policy Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.
The results of today's term PRA operations are as follows:
High yield: 4.350%
Low yield: 4.290%
Average Yield: 4.317%