June 22, 2022
We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
June 14, 2022
The Bank of Canada Museum is honouring two outstanding educators with a new award that recognizes exemplary work in teaching students about the economy.
The Bank of Canada Museum announces recipients of new Award for Excellence in Teaching Economics
Content Type(s):
Press,
Announcements
June 9, 2022
Release of the Financial System Review
Press conference following the release of the Financial System Review.
June 9, 2022
Financial System Review—2022
Tiff Macklem,
Carolyn Rogers,
Timothy Lane,
Lawrence L. Schembri,
Paul Beaudry,
Toni Gravelle,
Sharon Kozicki
The Canadian financial system remains resilient, but vulnerabilities have become more complex and risks have grown. The Bank is carefully watching households’ high levels of mortgage debt, as well as the risks associated with a price correction in Canada’s housing market.
Content Type(s):
Publications,
Financial System Review
June 2, 2022
Navigating high inflation
On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains why inflation has been higher than expected and what we are doing to get it back to our 2% target.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Credibility,
Expectations,
Inflation and prices,
Inflation targets,
Interest rates,
Monetary policy,
Monetary policy and uncertainty,
Monetary policy implementation,
Price stability,
Recent economic and financial developments
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.
Market Notices
- June 14, 2022 CARR extends Term CORRA consultation deadline to 30 June
- June 9, 2022 Government of Canada Cancels Ultra-Long Bond Issuance
- May 16, 2022 CARR welcomes RBSL’s decision to cease the publication of CDOR after June 28, 2024
- May 11, 2022 Release of the 2021 Bank of Canada FMI Oversight Activities Annual Report
- April 22, 2022 Bank of Canada announces increases to the limit for Securities Repo and Overnight Reverse Repo operations
Upcoming Events
- July 1, 2022 Canada Day
- July 4, 2022 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations
- July 13, 2022 Interest Rate Announcement and Monetary Policy Report
- July 13, 2022 Press Conference: Monetary Policy Report
- August 1, 2022 Civic Holiday