September 6, 2024
We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
September 4, 2024
Bank of Canada reduces policy rate by 25 basis points to 4¼%
The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.
Content Type(s):
Press,
Press releases
September 4, 2024
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
August 27, 2024
Higher productivity helps keep prices down and wages up. It gives workers more money to spend and increases the value they get when they spend it. And it allows businesses to weather cost increases without having to raise prices. All together, these factors drive economic growth.
How high productivity helps fight inflation
Content Type(s):
Publications,
The Economy, Plain and Simple
Topic(s):
Inflation and prices,
Productivity
August 14, 2024
The Bank of Canada is pleased to announce the recipients of its 2024 Law Enforcement Award of Excellence for Counterfeit Deterrence.
Canada Border Services Agency wins Bank of Canada counterfeit deterrence award
Content Type(s):
Press,
Announcements
Attention payment service providers!
— Bank of Canada (@bankofcanada) August 23, 2024
We’ve listened to your feedback and updated the registration criteria policy.
Get the details here: https://t.co/SLxFecJz0t#FinTech #payments #cdnecon pic.twitter.com/ywjG1EP72R
Canadian dollar
Market notices
- July 22, 2024 CFEC Releases Results of April 2024 Foreign Exchange Volume Survey
- July 12, 2024 Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations
- June 26, 2024 CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper
- June 11, 2024 Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility
- June 10, 2024 CARR provides guidance for CDOR-based loans, derivatives and securities that do not have a robust fallback in place for CDOR’s cessation post June 28, 2024
Upcoming events
- September 10, 2024 Speech: Tiff Macklem, Governor
- September 18, 2024 Publication: Summary of Deliberations
- September 19, 2024 Speech: Nicolas Vincent, External Non-executive Deputy Governor
- September 20, 2024 Speech: Tiff Macklem, Governor
- September 24, 2024 Fireside Chat: Tiff Macklem, Governor