Press

• September 17, 2025

  Press Conference: Policy Rate Announcement – September 2025

  

  

  Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• September 17, 2025

  Bank of Canada Media Interview – Nikkei

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Daichi Mishima of Nikkei America.

  Content Type(s): Press, Media advisories
• September 17, 2025

  Bank of Canada lowers policy rate to 2½%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

  Content Type(s): Press, Press releases
• September 17, 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
• September 17, 2025

  Bank of Canada Interest Rate Announcement

  On Wednesday, September 17, 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
• September 8, 2025

  Letter to Industry on Trust Tax Issue

  As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• September 8, 2025

  Payment Service Providers are now under Supervision – Registry to follow

  Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• September 8, 2025

  Bank of Canada begins supervising Payment Service Providers

  Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• August 26, 2025

  Bank of Canada Media Interview – El Financiero

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mexican newspaper El Financiero.

  Content Type(s): Press, Media advisories
• August 26, 2025

  Inflation targeting: A framework for today and tomorrow

  Speech summary Tiff Macklem Bank of Mexico 100ᵗʰ Anniversary Seminar Mexico City, Mexico

  Governor Tiff Macklem discusses how inflation targeting became a leading strategy among central banks for maintaining price stability. He also talks about structural change ahead, shifts in global trade and ensuring monetary policy is fit for the future.

  Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Central bank research, Credibility, Economic models, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Price stability