Posts

• September 17, 2025

  WONK Podcast

  

  Tiff Macklem, Governor of the Bank of Canada.
  Interview with the WONK Podcast.

  Content Type(s): Press, Media activities
• September 17, 2025

  Bank of Canada Media Interview – WONK podcast

  Tiff Macklem, Governor of the Bank of Canada, spoke to Amanda Lang on the WONK podcast.

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

  Bank of Canada Media Interview – Nikkei

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Daichi Mishima of Nikkei America.

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

  Bank of Canada lowers policy rate to 2½%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

  Content Type(s): Press, Press releases
• September 17, 2025

  Monetary Policy Decision Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

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

  Content Type(s): Press, Speeches and appearances, Opening statements
• September 17, 2025

  Bank of Canada Interest Rate Announcement

  On Wednesday, September 17, 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. 

  Content Type(s): Press, Media advisories
• September 12, 2025

  The evolution of how we pay for things

  

  New technologies new payments possibilities. Learn more about how these innovations can make purchases easier, but also introduce new risks.

  Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Cyber security, Digital currencies and fintech, Digitalization, Financial services, Payment clearing and settlement systems, Retail payments supervision

• Short-Run and Long-Run News: Evidence from Giant Commodity Discoveries

  Staff Working Paper 2025-24 Jean-Paul L’Huillier, Kirill Shakhnov, Laure Simon

  Our understanding of news shocks is, to a large extent, based on studies that focus empirically on short-run news. This paper brings new insights by analyzing the effects of giant commodity discoveries, which typically materialize over the longer run.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, International topics JEL Code(s): E, E2, E23, F, F3, F4, Q, Q3, Q33
• September 8, 2025

  Letter to Industry on Trust Tax Issue

  As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• September 8, 2025

  How to complete a registration application: A step-by-step guide

  This guide aims to help applicants gather the information and documents they need to complete the application form during the initial 15-day registration phase.

  Content Type(s): Retail payments supervision materials, Guides Research Topic(s): Registration