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  • About us

    About us

    • What we do
    • Our offices
    • Our vision
    • History
    • Contact us

    Corporate governance

    • Board of Directors
    • Our leadership
    • Governance documents

    Accessibility

    A plan that shares how the Bank strives to be accessible to everyone

    Reconciliation Action Plan

    A plan to guide the Bank along its Reconciliation journey

  • The Bank and you

    The Bank and you

    • Engaging with Canadians
    • Promoting economic literacy and education

    Educational resources

    • The Economy, Plain and Simple
    • Explainers
    • Financial education resources
    • Background materials

    Bank of Canada Museum

    Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

    What is a central bank?

    A central bank works to promote a country’s economic stability and its citizens’ financial well-being.

  • Careers

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    • Scholarship awards
    • Students and recent grads

    Careers

    Take a central role at the Bank of Canada with our current opportunities and scholarships.

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    Renewing Canada’s monetary policy framework

    Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework.

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    • April 30, 2025 Addition of One Government Securities Distributor for Government of Canada Securities
    • March 19, 2025 Bank of Canada to publish additional metrics to enhance CORRA transparency
    • March 18, 2025 Changes to Canada’s Debt Distribution Framework
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    Our next $20 bank note

    We’ve started the design process for the new $20 bank note featuring His Majesty King Charles III. See more about the new note and our design process.

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    Monetary Policy Report—April 2025

    The Canadian economy ended 2024 in a strong position. However, the trade conflict and tariffs are expected to slow growth and add to price pressures. The outlook is very uncertain because of the unpredictability of US trade policy and the magnitude of its impact on the Canadian economy.

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    Latest research

    May 8, 2025
    A Fresh Look at the Publication and Citation Gap Between Men and Women: Insights from Economics and Political Science
    May 8, 2025
    Are Hedge Funds a Hedge for Increasing Government Debt Issuance?

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    May 8, 2025
    Financial Stability Report—2025
    May 8, 2025
    Release of the Financial Stability Report
    May 1, 2025
    Bank of Canada announces 2024–25 scholarship recipients
    April 30, 2025
    Summary of Governing Council deliberations: Fixed announcement date of April 16, 2025

    Press Conference: Financial Stability Report—2025

    Release of the Financial Stability Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).

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    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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  • February 9, 2017

    Getting to the Core of Inflation

    Remarks Lawrence L. Schembri Department of Economics, Western University London, Ontario
    Deputy Governor Lawrence Schembri discusses the uses and measures of core inflation in the conduct of monetary policy.
    Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Business fluctuations and cycles, Central bank research, Inflation and prices, Inflation targets, Monetary policy, Recent economic and financial developments
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