Posts

• October 29, 2025

  Monetary Policy Report—October 2025—In focus—Assessing underlying inflation

  The goal of monetary policy is to keep total inflation close to the 2% target. But inflation can be volatile, and it takes time for changes to interest rates to filter through the economy. This is why, when setting policy, it is important to distinguish between temporary movements in inflation and lasting ones.
• October 29, 2025

  Monetary Policy Report—October 2025—Global economy

  Global growth has been resilient. But the historic rise in US tariffs is reshaping global trade, weighing on prospects for global growth and pushing up inflation in the United States.
• October 29, 2025

  Monetary Policy Report—October 2025—Canadian economy—Outlook

  The ongoing trade conflict is fundamentally reshaping Canada’s economy and will have a lasting negative impact on economic activity. At the same time, the reconfiguration of global trade and domestic production is putting upward pressure on costs. Reflecting these two competing forces, inflation remains near the 2% target over the projection horizon.
• October 29, 2025

  Monetary Policy Report—October 2025—Projections

  Economic growth in Canada is projected to strengthen from around 0.75% in the second half of 2025, with annual growth averaging 1.4% over 2026 and 2027. Inflation is expected to remain around 2% over the projection horizon.
• October 29, 2025

  Monetary Policy Report—October 2025—Canadian economy—Tariff assumptions

  Many countries have signed new trade agreements with the United States. US tariffs continue to be in flux, and the future of trade in North America remains uncertain.
• October 29, 2025

  Bank of Canada interest rate announcement and release of the Monetary Policy Report 

  On Wednesday, October 29, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the interest rate decision.

  Content Type(s): Press, Media advisories
• October 29, 2025

  Monetary Policy Report—October 2025—Canadian economy—Current conditions

  Canadian economic growth has slowed, reflecting the disruptive effects of US tariffs and a decline in population growth. Exports and business investment have slumped. After being close to 2% for several months, CPI inflation was 2.4% in September.
• October 27, 2025

  Free Family Events at the Bank of Canada Museum for Financial Literacy Month

  This November, the Bank of Canada Museum invites visitors to celebrate the 15^th anniversary of Financial Literacy Month (FLM) with a full lineup of free, hands-on activities that make money management approachable, practical, and fun for all ages.

  Content Type(s): Press, Announcements
• October 21, 2025

  Retail payments supervision: Information for everyone

  Find out how this mandate affects you and which payment service providers (PSPs) are registered with us.
• October 21, 2025

  Registry of payment service providers

  Search the list of registered payment services providers.