News

• May 19, 2026

  Bank of Canada Museum honours two Canadian educators for innovation in the classroom

  Media Relations Ottawa, Ontario

  Ethan McDonagh and Andrew Leong have won the Bank of Canada Museum’s 2026 Award for Excellence in Teaching Economics.

  Content Type(s): Press, Press releases
• May 13, 2026

  Summary of Governing Council deliberations: Fixed announcement date of April 29, 2026

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 29, 2026.

  Content Type(s): Publications, Summary of deliberations
• May 13, 2026

  AI is knocking: Canada’s next productivity story

  Remarks Michelle Alexopoulos Ottawa Economics Association—Canadian Association for Business Economics Spring Policy Conference Ottawa, Ontario

  External Deputy Governor Michelle Alexopoulos discusses what we know so far about AI adoption, and what it could mean for productivity and labour markets in Canada.

  Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Monetary policy, Economy/Economic growth, Inflation
• May 7, 2026

  Bank of Canada Museum marks 50th anniversary of the Montréal Olympics with an exhibition on Canada’s historic Olympic Coin Program

  Media Relations Ottawa, Ontario

  Step back into the excitement and pride of Canada’s first Olympic Games as the Bank of Canada Museum opens Montréal 1976: The legacy of the Olympic coins.

  Content Type(s): Press, Press releases
• May 6, 2026

  Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy

  Opening statement Tiff Macklem Senate Standing Committee on Banking, Commerce and the Economy Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 4, 2026

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 29, 2026

  Bank of Canada maintains policy rate at 2¼%

  Media Relations Ottawa, Ontario

  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%.

  Content Type(s): Press, Press releases
• April 29, 2026

  Monetary Policy Report—April 2026

  

  The Canadian economy is expected to grow at a moderate pace as it continues to adjust to US tariffs. Inflation has moved up due to higher oil prices linked to the war in the Middle East. It is projected to then ease back to the 2% target in 2027.

  Content Type(s): Publications, Monetary Policy Report
• April 29, 2026

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 20, 2026

  Bank of Canada announces the appointment of two Deputy Governors

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.

  Content Type(s): Press, Press releases