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Bank of Canada Interest Rate Announcement
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.
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News
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.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.
Upcoming events
Speech: Tiff Macklem, Governor
Publication: Summary of Deliberations
Christmas Day
Boxing Day
New Year's Day
Selected media activities
Airplay, CBC Yukon Radio
Tiff Macklem, Governor of the Bank of Canada
Interview with Airplay on CBC Yukon Radio
The Current, CBC Radio
Tiff Macklem, Governor of the Bank of Canada
Interview with The Current on CBC Radio
Speeches and appearances
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
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.).
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.