December 7, 2023
Access our latest news and events.
Media advisories
December 6, 2023
On Wednesday, December 6, 2023, 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.
Bank of Canada Interest Rate Announcement
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Press,
Media advisories
Media contacts
Our consultants are available from 08:30 to 17:00 ET, Monday to Friday. We will normally reply to all media calls and emails within four hours.
Email alerts
Get notified by email whenever the Bank releases new information.
News
December 7, 2023
What population growth means for the economy and inflation
Speaking a day after we decided to hold interest rates steady at 5%, Deputy Governor Toni Gravelle discusses immigration, inflation and the role that newcomers play in helping our economy grow.
December 6, 2023
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening.
Content Type(s):
Press,
Press releases
Upcoming events
December 15, 2023
Speech: Tiff Macklem, Governor
December 20, 2023
Publication: Summary of Deliberations
December 25, 2023
Christmas Day
December 26, 2023
Boxing Day
January 1, 2024
New Year's Day
Selected media activities
November 7, 2023
Airplay, CBC Yukon Radio
Tiff Macklem, Governor of the Bank of Canada
Interview with Airplay on CBC Yukon Radio
Content Type(s):
Press,
Media activities
October 26, 2023
The Current, CBC Radio
Tiff Macklem, Governor of the Bank of Canada
Interview with The Current on CBC Radio
Content Type(s):
Press,
Media activities
Speeches and appearances
December 7, 2023
Economic progress report: Immigration, housing and the outlook for inflation
Deputy Governor Toni Gravelle discusses the latest interest rate decision along with how immigration helps Canada’s economy and how it impacts inflation.
Webcasts
December 7, 2023
Media Availability: Windsor-Essex Regional Chamber of Commerce
Economic Progress Report — Deputy Governor Toni Gravelle takes questions from reporters following his remarks (14:10 (ET) approx.).
Content Type(s):
Press,
Speeches and appearances,
Webcasts
Blackout guidelines
Consult our "blackout" guidelines for communications around fixed announcement dates.
Principles for external communication
To uphold public confidence in the transparency and integrity of its work on behalf of Canadians, the Bank adheres to these principles for Governing Council’s external communications.