Posts

• April 17, 2025

  CORRA Advisory Group Meeting (April 17, 2025)

  Content Type(s): Meetings Source(s): CORRA Advisory Group
• 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
• April 15, 2025

  Enforcement process

  This supervisory policy outlines the Bank of Canada’s enforcement process and what individuals, entities and payment service providers should expect if the Bank takes enforcement action against them.

  Content Type(s): Retail payments supervision materials, Supervisory policies Research Topic(s): Enforcement
• April 7, 2025

  Business Outlook Survey—First Quarter of 2025

  Business conditions have deteriorated due to the trade conflict with the United States, according to results from the Business Outlook Survey and the Business Leaders’ Pulse. Sales outlooks have softened, particularly for exporters. Firms reported having sufficient capacity, and many are delaying investment and hiring decisions amid uncertainty. Firms expect that widespread tariffs would raise costs and lead to higher selling prices. In this context, expectations for inflation are higher than they were last quarter.

  Content Type(s): Publications, Business Outlook Survey
• April 7, 2025

  The Bank of Canada releases the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations

  On Monday, April 7, 2025, the Bank of Canada will release the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

  Content Type(s): Press, Media advisories
• April 7, 2025

  Canadian Survey of Consumer Expectations—First Quarter of 2025

  Overall, results of the first-quarter 2025 survey show that the escalating trade conflict with the United States is damaging consumer sentiment. Confidence in the labour market has weakened significantly, and consumers have become more pessimistic about their financial health. Although consumption plans had been improving over the past several quarters, consumers now intend to spend more cautiously given the uncertainty around the trade conflict. They expect the trade conflict to lead to a higher cost of living, and this has pushed up their inflation expectations.

  Content Type(s): Publications, Canadian Survey of Consumer Expectations