News

• July 15, 2026

  Monetary Policy Report—July 2026

  

  Canada’s economy has been weak but is showing signs of improvement. Growth is expected to pick up, and inflation is projected to ease to around 2%. Uncertainty remains elevated.

  Content Type(s): Publications, Monetary Policy Report
• July 15, 2026

  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
• July 6, 2026

  Business Outlook Survey—Second Quarter of 2026

  Results from the Business Outlook Survey and the Business Leaders’ Pulse indicate that firms’ sentiment has deteriorated. Domestic sales outlooks have weakened amid heightened geopolitical uncertainty and elevated costs related to fuel, while export outlooks have improved because of stronger demand for commodities. Investment intentions remain solid, but fewer firms plan to add staff. More firms now expect their input and selling prices to rise, reflecting higher global oil prices. Firms’ inflation expectations are also higher than in recent quarters. Oil producers have revised their capital spending and production plans upward, citing expectations of sustained elevated oil prices.

  Content Type(s): Publications, Business Outlook Survey
• July 6, 2026

  Canadian Survey of Consumer Expectations—Second Quarter of 2026

  Results of the second-quarter 2026 survey show that consumers’ near-term inflation expectations remain elevated amid ongoing trade tensions and rising concerns about oil and energy prices linked to the war in the Middle East. The CSCE indicator remains low as consumers still view the economic environment as challenging. High prices and economic uncertainty continue to weigh on household spending plans, particularly among households expecting the war to significantly raise inflation. At the same time, perceptions of the labour market improved modestly as fears of job loss eased, particularly in sectors highly sensitive to trade.

  Content Type(s): Publications, Canadian Survey of Consumer Expectations
• June 25, 2026

  Bank of Canada publishes report on monetary policy framework consultations

  Media Relations Ottawa, Ontario

  The Bank of Canada today published a report summarizing the feedback it received from stakeholders and the Canadian public during consultations on its monetary policy framework.

  Content Type(s): Press, Press releases
• June 24, 2026

  Summary of Governing Council deliberations: Fixed announcement date of June 10, 2026

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 10, 2026.

  Content Type(s): Publications, Summary of deliberations
• June 23, 2026

  Global imbalances, growth and stability

  Remarks Tiff Macklem Paris Europlace – Chambre de commerce France-Canada Paris, France

  Governor Tiff Macklem talks about how financial risks could combine with global imbalances to weaken the international system and outlines the adjustments needed to keep it strong.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy, Economy/Economic growth
• June 11, 2026

  G7 central banks publish reference report on quantum technologies and their implications for the financial system

  Media Relations Ottawa, Ontario

  The G7 Central Bank Quantum Technologies Working Group (QTWG) announces the publication of its report, “Preparing for Quantum Technologies: Key Considerations for Financial Sector Participants.” This document constitutes the first public deliverable of the working group.

  Content Type(s): Press, Announcements
• June 10, 2026

  Bank of Canada maintains the policy rate at 2¼%

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

  Content Type(s): Press, Press releases
• June 10, 2026

  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