September 17, 2025
Bank of Canada lowers policy rate to 2½%
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%.
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September 17, 2025
Monetary Policy Decision Press Conference Opening Statement
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 12, 2025
The evolution of how we pay for things
New technologies new payments possibilities. Learn more about how these innovations can make purchases easier, but also introduce new risks.
Content Type(s):
Publications,
The Economy, Plain and Simple
Research Topic(s):
Cyber security,
Digital currencies and fintech,
Digitalization,
Financial services,
Payment clearing and settlement systems,
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
Flexible inflation targeting in a shock-prone world
Governor Tiff Macklem discusses how inflation targeting became a leading strategy for maintaining price stability and how the Bank of Canada is ensuring its monetary policy framework is fit for future challenges.
Content Type(s):
Press,
Speeches and appearances
Research Topic(s):
Central bank research,
Credibility,
Economic models,
Inflation targets,
International topics,
Monetary policy and uncertainty,
Monetary policy framework,
Price stability