March 12, 2025
Bank of Canada reduces policy rate by 25 basis points to 2¾%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
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March 12, 2025
Bank of Canada Interest Rate Announcement
On Wednesday, March 12, 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.
Content Type(s):
Press,
Media advisories
March 12, 2025
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
February 28, 2025
Pickle Planet Podcast
Sharon Kozicki, Deputy Governor of the Bank of Canada
Interview with the Pickle Planet Podcast
Content Type(s):
Press,
Media activities
February 28, 2025
Bank of Canada Media Interview – Pickle Planet Podcast
Sharon Kozicki, Deputy Governor of the Bank of Canada, spoke to Jenna Morton and Tosh Taylor on the Pickle Planet Podcast.
Content Type(s):
Press,
Media advisories
February 24, 2025
Remarks by Toni Gravelle, Deputy Governor of the Bank of Canada
On Monday, February 24, 2025, Toni Gravelle, Deputy Governor of the Bank of Canada, will speak at the Bank of England Annual Research Conference.
Content Type(s):
Press,
Media advisories
February 21, 2025
Media Availability: Mississauga Board of Trade-Oakville Chamber of Commerce
Trade friction, structural change and monetary policy — Governor Tiff Macklem takes questions from reporters following his remarks (14:10 (ET) approx.)
Content Type(s):
Press,
Speeches and appearances,
Webcasts
February 21, 2025
Speech: Mississauga Board of Trade-Oakville Chamber of Commerce
Trade friction, structural change and monetary policy — Governor Tiff Macklem speaks before the Mississauga Board of Trade-Oakville Chamber of Commerce (12:45 (ET) approx.).
Content Type(s):
Press,
Speeches and appearances,
Webcasts
February 21, 2025
Speech by Tiff Macklem, Governor of the Bank of Canada
On Friday, February 21, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak before the Mississauga Board of Trade-Oakville Chamber of Commerce.
Content Type(s):
Press,
Media advisories
February 21, 2025
Trade conflict: What can the Bank of Canada do?
Speech summary
Tiff Macklem
Mississauga Board of Trade-Oakville Chamber of Commerce
Mississauga, Ontario
Governor Tiff Macklem discusses how a trade conflict would affect the Canadian economy and monetary policy. He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Research Topic(s):
Economic models,
Housing,
Inflation targets,
International topics,
Monetary policy and uncertainty,
Monetary policy framework,
Potential output,
Productivity,
Recent economic and financial developments,
Trade integration