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We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
See the short list of portrait candidates for the next $5 bank note.
Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
Inflation in Canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive monetary policy. The Bank projects that inflation will reach the 2% target by the end of 2024.
Release of the Financial System Review — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.
View our historical data for Bank of Canada holdings.