July 20, 2026
Summary of comments—Spring 2026 Debt Management Strategy consultations
Today, the Spring 2026 Debt Management Strategy Consultations Summary is being published.
Posts
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July 15, 2026
Bank of Canada Media Interview – The Globe and Mail
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of the Globe and Mail, which will be published online and in the newspaper. -
July 15, 2026
Bank of Canada maintains the policy rate at 2¼%
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%. -
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. -
July 15, 2026
Bank of Canada interest rate announcement and release of the Monetary Policy Report
On Wednesday, July 15, 2026, 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. -
July 15, 2026
Interest Rate Announcement and Monetary Policy Report
09:45 (ET)
On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. -
July 15, 2026
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision. -
July 6, 2026
Release: Business Outlook Survey and Canadian Survey of Consumer Expectations
11:30 (ET)
The Business Outlook Survey is a summary of interviews conducted by the Bank's regional offices with business leaders from about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The Canadian Survey of Consumer Expectations is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of interest to the Bank of Canada. -
July 6, 2026
Backgrounder on the Business Outlook Survey questions on the magnitude of change in sales, investment, employment and prices
In 2016 and 2017, the Bank of Canada added questions to the Business Outlook Survey on firms’ expectations for the magnitude of change in their sales volumes, number of employees, investment spending, input prices and selling prices. This backgrounder describes how the responses are aggregated and examines their relationship with macroeconomic and price measures. -
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.