October 24, 2019
New exhibition, Luck and Lore, opens at the Bank of Canada Museum
The Bank of Canada Museum is inviting Ottawa residents and visitors to come see its new exhibition.
Press Releases
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September 19, 2019
Bank of Canada announces Deputy Governor and Special Advisor appointments
The Board of Directors of the Bank of Canada today announced the appointment of Toni Gravelle as Deputy Governor, effective October 1, 2019. The Bank also today announced that Mark Hardisty will join the Bank as Special Advisor to the Governor for a two-year term beginning November 6, 2019. -
September 16, 2019
Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in Canada during April 2019
During the month of April, the Bank of Canada and 51 other central banks and monetary authorities conducted the latest survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. This worldwide effort was coordinated by the Bank for International Settlements (BIS) and is undertaken every three years. -
September 4, 2019
Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. -
July 23, 2019
Bank of Canada publishes its 2020 schedule for policy interest rate announcements, the release of the Monetary Policy Report and other major publications
The Bank of Canada today published its 2020 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report and reconfirmed the scheduled interest rate announcement dates for the remainder of this year. -
July 16, 2019
Bank of Canada to become the administrator of key interest rate benchmark
The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets. -
July 10, 2019
Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. -
May 29, 2019
Bank of Canada maintains overnight rate target at 1 ¾ per cent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. -
May 8, 2019
Deputy Governor Lynn Patterson to retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019. -
May 6, 2019
Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz says
Canada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.