Press

• March 12, 2025

  Bank of Canada reduces policy rate by 25 basis points to 2¾%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

  Content Type(s): Press, Press releases
• March 12, 2025

  Bank of Canada Interest Rate Announcement

  On Wednesday, March 12, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

  Content Type(s): Press, Media advisories
• March 12, 2025

  Monetary Policy Decision Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

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

  Content Type(s): Press, Speeches and appearances, Opening statements
• February 28, 2025

  Bank of Canada Media Interview – Pickle Planet Podcast

  Sharon Kozicki, Deputy Governor of the Bank of Canada, spoke to Jenna Morton and Tosh Taylor on the Pickle Planet Podcast.

  Content Type(s): Press, Media advisories
• February 24, 2025

  Remarks by Toni Gravelle, Deputy Governor of the Bank of Canada  

  On Monday, February 24, 2025, Toni Gravelle, Deputy Governor of the Bank of Canada, will speak at the Bank of England Annual Research Conference. 

  Content Type(s): Press, Media advisories
• February 21, 2025

  Media Availability: Mississauga Board of Trade-Oakville Chamber of Commerce

  

  

  Trade friction, structural change and monetary policy — Governor Tiff Macklem takes questions from reporters following his remarks (14:10 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• February 21, 2025

  Speech: Mississauga Board of Trade-Oakville Chamber of Commerce

  

  

  Trade friction, structural change and monetary policy — Governor Tiff Macklem speaks before the Mississauga Board of Trade-Oakville Chamber of Commerce (12:45 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• February 21, 2025

  Speech by Tiff Macklem, Governor of the Bank of Canada

  On Friday, February 21, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak before the Mississauga Board of Trade-Oakville Chamber of Commerce.

  Content Type(s): Press, Media advisories
• February 21, 2025

  Trade conflict: What can the Bank of Canada do?

  Speech summary Tiff Macklem Mississauga Board of Trade-Oakville Chamber of Commerce Mississauga, Ontario

  Governor Tiff Macklem discusses how a trade conflict would affect the Canadian economy and monetary policy. He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Economic models, Housing, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Potential output, Productivity, Recent economic and financial developments, Trade integration
• February 21, 2025

  Tariffs, structural change and monetary policy

  Remarks Tiff Macklem Mississauga Board of Trade-Oakville Chamber of Commerce Mississauga, Ontario

  Governor Tiff Macklem discusses the potential impact of a trade conflict with the United States. He also launches the review of the Bank’s monetary policy framework.

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Economic models, Housing, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Potential output, Productivity, Recent economic and financial developments, Trade integration