Posts

• June 18, 2025

  Trade, jobs and inflation

  Speech summary Tiff Macklem St. John’s Board of Trade St. John's, Newfoundland and Labrador

  Governor Tiff Macklem discusses the trade conflict with the United States and how it is has affected the Canadian economy. He explains that restoring open trade is important for jobs, growth and price stability in Canada.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Expectations, Inflation and prices, International topics, Labour markets, Monetary policy and uncertainty, Recent economic and financial developments, Regional economic developments, Trade integration
• June 17, 2025

  Release of the Bank of Canada’s summary of deliberations  

  On Tuesday, June 17, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on June 4, 2025.

  Content Type(s): Press, Media advisories
• June 17, 2025

  Summary of Governing Council deliberations: Fixed announcement date of June 4, 2025

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 4, 2025.

  Content Type(s): Publications, Summary of deliberations

• A Retail CBDC Design for Basic Payments: Feasibility Study

  Staff Discussion Paper 2025-9 Sriram Darbha, Cyrus Minwalla, Rakesh Arora, Dinesh Shah

  We outline possible system architectures for an online retail central bank digital currency (CBDC) and identify one well-suited for basic payments. We analyze OpenCBDC 2PC, a representative system, finding such designs to be feasible, although some areas require further investigation. Our framing highlights other promising architectures for a retail CBDC.

  Content Type(s): Staff research, Staff discussion papers Research Topic(s): Central bank research, Digital currencies and fintech JEL Code(s): E, E4, E42, E5, E51, O, O3
• June 17, 2025

  Publication: Summary of Deliberations

  13:30 (ET)
  A summary of monetary policy deliberations by the Governing Council for the policy decision that was announced two weeks earlier.

  Content Type(s): Upcoming events
• June 17, 2025

  About the Bank of Canada’s balance sheet

  At the Bank of Canada, our balance sheet reflects the unique role we play as Canada’s central bank. Get an overview of how it’s used to acquire assets and support our core functions, and learn about the types of assets and liabilities we hold.

  Content Type(s): Background materials
• June 17, 2025

  Understanding our policy interest rate

  At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you.

  Content Type(s): Explainers Research Topic(s): Monetary policy
• June 13, 2025

  Quarterly Financial Report - First Quarter 2025

  Quarterly Financial Report - First Quarter 2025 - For the period ended March 31, 2025

  Content Type(s): Publications, Quarterly Financial Report
• June 13, 2025

  Annual Report 2024

  

  The Annual Report outlines the Bank’s activities and achievements in 2024. It includes the financial statements and a message from Governor Tiff Macklem.

  Content Type(s): Publications, Annual Report
• June 13, 2025

  Bank of Canada Disclosure of Climate-Related Risks 2024

  This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures.

  Content Type(s): Publications, Disclosure of Climate-Related Risks