We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
November 28, 2023
November 27, 2023
The Bank of Canada has announced the five finalist teams in the 2023–24 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.
Bank of Canada announces finalists for the ninth annual Governor’s Challenge
Content Type(s):
Press,
Announcements
Source(s):
The Governor's Challenge
November 22, 2023
Fighting to get back to low inflation
Governor Tiff Macklem outlines how high inflation is hurting Canadians and how monetary policy is working to bring it down. He also explains why the Bank of Canada must stay the course in its inflation fight.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Topic(s):
Inflation and prices,
Inflation: costs and benefits,
Interest rates,
Labour markets,
Monetary policy,
Price stability
November 9, 2023
Getting used to higher interest rates
Senior Deputy Governor Carolyn Rogers talks about why interest rates could settle at a higher level than Canadians are used to and why preparing early for that possible outcome is important.
November 8, 2023
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on October 25, 2023.
Summary of Governing Council deliberations: Fixed announcement date of October 25, 2023
Content Type(s):
Publications,
Summary of deliberations
The government just released the final regulations for the Retail Payment Activities Act!
— Bank of Canada (@bankofcanada) November 23, 2023
Learn what it means for payment service providers.
Registration with us begins on November 1, 2024. https://t.co/lVS1QOnFxv #FinTech pic.twitter.com/1hkijVzDsy
Canadian dollar
Market notices
- November 16, 2023 CARR publishes recommended conventions for Term CORRA swaps
- October 26, 2023 Bank of Canada announces changes to Overnight Reverse Repo operations
- October 16, 2023 CFIF recommends path for winding down BA market
- September 13, 2023 CFIF publishes an update on the transition away from BAs
- August 29, 2023 CARR finalizes the allowed uses for Term CORRA
Upcoming events
- December 6, 2023 Interest Rate Announcement
- December 7, 2023 Speech: Toni Gravelle, Deputy Governor
- December 15, 2023 Speech: Tiff Macklem, Governor
- December 20, 2023 Publication: Summary of Deliberations
- December 25, 2023 Christmas Day