Bank of Canada interest rate announcement and release of the Monetary Policy Report

OTTAWA – On Wednesday, July 15, 2020, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.


10:00 (Eastern Time)


There will be no lock-up for this event.

Media Briefing Session

There will be no briefing session for this event.


The rate announcement press release and the Monetary Policy Report will be available at 10:00 (ET) on the Bank’s website.

Media Availability

At 11:00 (ET), Tiff Macklem, Governor of the Bank of Canada, and Carolyn A. Wilkins, Senior Deputy Governor, will hold a press conference via teleconference only. Reporters will not be able to attend in person. Accredited journalists who wish to ask questions by telephone must contact for dial-in information before noon (ET) on Tuesday, July 14. The opening statement will be available on the Bank’s website at 11:00 (ET).


Audio and video webcasts of the press conference will be accessible from the Bank’s website.


For more information, please contact .

Content Type(s): Press, Media advisories

Related information

July 15, 2020

Monetary Policy Report - Press Conference (Webcasts) - July 2020

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn A. Wilkins. (11:00 (ET) approx.).