September 4, 2024
Bank of Canada reduces policy rate by 25 basis points to 4¼%
The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.
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September 4, 2024
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
August 27, 2024
How high productivity helps fight inflation
Higher productivity helps keep prices down and wages up. It gives workers more money to spend and increases the value they get when they spend it. And it allows businesses to weather cost increases without having to raise prices. All together, these factors drive economic growth.
Content Type(s):
Publications,
The Economy, Plain and Simple
Research Topic(s):
Inflation and prices,
Productivity
Subject(s):
Monetary policy,
Economy/Economic growth,
Inflation,
Inflation targeting framework
August 14, 2024
Canada Border Services Agency wins Bank of Canada counterfeit deterrence award
The Bank of Canada is pleased to announce the recipients of its 2024 Law Enforcement Award of Excellence for Counterfeit Deterrence.
Content Type(s):
Press,
Announcements
August 8, 2024
Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic
The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic.
Content Type(s):
Press,
Press releases