January 28, 2026
Bank of Canada maintains policy rate at 2¼%
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
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January 28, 2026
Press Conference: Monetary Policy Report – January 2026
Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
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Webcasts
January 28, 2026
Bank of Canada interest rate announcement and release of the Monetary Policy Report
On Wednesday, January 28, 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.
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Press,
Media advisories
January 28, 2026
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
January 19, 2026
The Bank of Canada releases the fourth quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations
On Monday, January 19, 2026, the Bank of Canada will release the fourth quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.
Content Type(s):
Press,
Media advisories
January 17, 2026
The Logic
Tiff Macklem, Governor of the Bank of Canada.
Interview with The Logic.
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Press,
Media activities
January 14, 2026
The Logic
Tiff Macklem, Governor of the Bank of Canada.
Interview with The Logic.
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Press,
Media activities
January 13, 2026
Bank of Canada Media Interview – The Logic
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Kevin Carmichael of The Logic.
Content Type(s):
Press,
Media advisories
December 23, 2025
Release of the Bank of Canada’s summary of deliberations
On Tuesday, December 23, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on December 10, 2025.
Content Type(s):
Press,
Media advisories
December 23, 2025
Letter to industry - Update on Trust Tax Issue
This letter is in reference to the letter published by the Bank of Canada on September 8, 2025, indicating that there may be unintended consequences under the Income Tax Act for Payment Service Providers (PSPs) seeking to comply with the Retail Payment Activities Act (RPAA). Specifically, the September letter noted that there could be tax consequences or administrative burden under the Income Tax Act for PSPs seeking to safeguard end-user funds using the “in trust in a trust account” method while retaining interest income on the end-user funds they hold.
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Announcements