Press Releases

• 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 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
• March 23, 2026

  Changes to Bank of Canada Governing Council

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today the departure of Deputy Governor Rhys Mendes on April 10, and the retirement of Deputy Governor Sharon Kozicki on July 15.

  Content Type(s): Press, Press releases
• March 18, 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
• March 5, 2026

  Bank of Canada, Export Development Canada, RBC and TD successfully complete bond issuance experiment using distributed ledger technology

  Media Relations Ottawa, Ontario

  The Bank of Canada (BoC), RBC Capital Markets, RBC Investor Services, TD Bank Group (TD), and Export Development Canada (EDC) successfully completed Project Samara, a collaborative initiative to evaluate how tokenization and distributed ledger technology (DLT) can improve bond issuance and settlement in a real-world setting.

  Content Type(s): Press, Press releases
• February 27, 2026

  Bank of Canada issues revised compliance order to XTM Inc.

  Media Relations Ottawa, Ontario

  The Bank of Canada today issued a revised temporary order to XTM Inc. (XTM). The Bank has authorized XTM to recommence retail payment activities under the supervision of the Monitor appointed today by the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act, and subject to terms and conditions set out in the Bank's revised order.

  Content Type(s): Press, Press releases Subject(s): Retail payments supervision
• February 17, 2026

  Bank of Canada issues immediate compliance order to XTM Inc.

  Media Relations Ottawa, Ontario

  The Bank of Canada today issued a temporary order to XTM Inc. (XTM) to immediately cease performing any retail payment activities.

  Content Type(s): Press, Press releases Subject(s): Retail payments supervision
• January 28, 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
• December 10, 2025

  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
• December 5, 2025

  Bank of Canada announces finalists for the eleventh annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada has announced the five finalist teams in the 2025-26 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases