Posts

• April 16, 2025

  Bank of Canada holds policy rate at 2¾%

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

  Content Type(s): Press, Press releases
• April 16, 2025

  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.

  Content Type(s): Publications, Monetary Policy Report
• April 16, 2025

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 16, 2025

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

  On Wednesday, April 16, 2025, 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.

  Content Type(s): Press, Media advisories
• April 16, 2025

  CIMPA Meeting (April 16, 2025)

  Content Type(s): Meetings Source(s): Collateral Infrastructure and Market Practices Advisory Group