Find the latest updates and Bank communications, answers to frequently asked questions, and other related content.
A plan to guide the Bank along its Reconciliation journey
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A central bank works to promote a country’s economic stability and its citizens’ financial well-being.
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Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework.
We oversee Canada’s payments and financial market infrastructures to ensure they are safe, resilient and stable. We also support the evolution of the payments ecosystem, including new mandates for stablecoins and consumer‑driven banking.
View the latest data on the Government of Canada's purchases and holdings of Canadian Mortgage Bonds.
Feel, look, tilt and flip! Learn how to check your bank notes and protect yourself from fraud.
Discover the design elements of the upcoming vertical $20 polymer bank note featuring His Majesty King Charles III.
Canada’s economy has been weak but is showing signs of improvement. Growth is expected to pick up, and inflation is projected to ease to around 2%. Uncertainty remains elevated.
Canada’s financial system has functioned well through a challenging year. Households and businesses remain in stable financial condition, and banks have strengthened their capacity to absorb shocks. However, vulnerabilities have increased in some parts of the system, and a more turbulent global environment poses risks to financial stability.
Renting has become significantly more expensive in Canada in recent years. Asking rents—those advertised for vacant units—rose sharply as demand grew faster than supply. As tenants move and sign new leases, changes in asking rents gradually spread to the average rents captured in the consumer price index.
Canada’s housing market — Senior Deputy Governor Carolyn Rogers speaks before the Greater Victoria Chamber of Commerce and CFA Society Victoria (15:20 (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.
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Rhys R. Mendes served as Deputy Governor from July 2023 until April 2026.
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