Press

On Wednesday, April 29, 2026, 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 rate decision.

On Monday, April 20, 2026, the Bank of Canada will release the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.

Results from the Business Outlook Survey and the Business Leaders’ Pulse indicate that firms’ sentiment has improved. Responses were mostly gathered before the start of the war in the Middle East. Fewer businesses reported being affected by trade tensions with the United States, and many expect sales growth to improve. Most businesses plan to maintain or slightly increase current staffing levels and investment spending. One-year-ahead inflation expectations have ticked up slightly. Results of follow-up calls made after the start of Iran war suggest that many firms are already facing higher input costs related to the war due to rising prices for energy, fertilizer and freight.