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

OTTAWA – On Wednesday, January 26, 2022, 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. We will, however, provide the Monetary Policy Report under embargo to media accredited with us to receive embargoed materials and who have signed the media policy and undertaking.

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 Rogers, 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, January 25. 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

January 26, 2022

Press Conference: Monetary Policy Report – January 2022

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