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News
June 18, 2025
Governor Tiff Macklem discusses how the trade conflict with the United States has affected the Canadian economy. He explains that restoring open trade is critical for jobs and growth, and important for prices and inflation.
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
June 5, 2025
Talking to Canadians: How real-world insights shape monetary policy
Deputy Governor Sharon Kozicki talks about how the Bank of Canada is using non-traditional data to better inform its monetary policy decisions.
Content Type(s):
Press,
Speeches and appearances,
Remarks
Research Topic(s):
Business fluctuations and cycles,
Credibility,
Monetary policy and uncertainty,
Recent economic and financial developments,
Trade integration
June 4, 2025
Bank of Canada holds policy rate at 2¾%
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
Upcoming events
- June 24, 2025 Provincial Holiday
- July 1, 2025 Canada Day
- July 21, 2025 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations
Canadian dollar