We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.


September 10, 2018 Bank of Canada calls for nominations for the 2019 Fellowship Program awards

The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2019 Fellowship and Governor’s awards.
Content Type(s): Press, Press Releases

September 6, 2018 An Update on Canada’s Economic Resilience

Remarks Carolyn A. Wilkins Saskatchewan Trade & Export Partnership Regina, Saskatchewan
Senior Deputy Governor Wilkins discusses economic developments since the July Monetary Policy Report and Governing Council’s deliberations leading to yesterday’s policy rate decision.

September 5, 2018 Bank of Canada maintains overnight rate target at 1 ½ per cent

The Bank of Canada today maintained its target for the overnight rate at 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent.
Content Type(s): Press, Press Releases

August 25, 2018 The Fourth Industrial Revolution and Central Banking

Remarks Stephen S. Poloz Federal Reserve Bank of Kansas City Jackson Hole, Wyoming
Governor Poloz talks about the economic benefits expected from disruptive digital technologies and the implications for monetary policy.

August 15, 2018 RCMP’s E Division wins Bank of Canada counterfeit prevention award

The Bank of Canada congratulates the Integrated Counterfeit Enforcement Team from British Columbia’s Federal Serious and Organized Crime branch, E Division—Financial Integrity. They are the winners of the 2018 Law Enforcement Award of Excellence for Counterfeit Deterrence.
Content Type(s): Press, Announcements

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Exchange Rates

Canadian dollar

Schedule of Key Interest Rate Announcements and Monetary Policy Report

Eight times a year, the Bank announces its decision on the setting of its key policy interest rate.


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