Public Awareness Surveys

See why your opinion of the Bank of Canada matters to us, and see our Public Awareness Survey results.

Why your opinion matters to us

As Canada’s central bank, we are accountable to all Canadians. When you know about, understand and trust our actions and policies, it helps us make them more effective in keeping inflation low and predictable, and the financial system stable and efficient.

The purpose of these studies is to assess the public’s awareness, understanding, and trust in the Bank. We use the results to better understand our audiences and shape our communication strategies.

Latest results

While interest rates and inflation have declined, Canadians’ confidence in the Bank has rebounded to pre-pandemic levels.

In September, 47% of Canadians surveyed reported that they trust the Bank to act in the best interest of Canadians—the highest share since October 2021.
With inflation’s return to the Bank’s 2% target, 48% of respondents said they trust the Bank to maintain low and stable inflation, an increase of 6 percentage points from March and the highest level in almost three years.
Results also indicate that more Canadians trust the Bank to help successfully manage the economy and ensure the financial system works well.
Awareness of the Bank’s functions remained stable. About four out of five Canadians know of the Bank’s responsibility for setting the policy interest rate, which makes this its most recognized role.
Pride in the strength and stability of Canada’s banking system rose by 6 percentage points to 53%, while confidence that the Canadian financial system is safe and secure gained 2 percentage points, also reaching 53%.