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Learn about how we’re exploring the possibility of issuing a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC).
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
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Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
Higher interest rates are working to ease price pressures in Canada and inflation is coming down, though progress to the 2% target is slow. The Bank projects that inflation will stay around 3½% until the middle of 2024, returning to target in 2025.
Economic Progress Report — Deputy Governor Toni Gravelle speaks before the Windsor-Essex Regional Chamber of Commerce (12:50 (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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