September 17, 2025
Bank of Canada Media Interview – Nikkei
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Daichi Mishima of Nikkei America.
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September 17, 2025
Bank of Canada lowers policy rate to 2½%
The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.
Content Type(s):
Press,
Press releases
September 17, 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
September 17, 2025
Bank of Canada Interest Rate Announcement
On Wednesday, September 17, 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
September 8, 2025
Letter to Industry on Trust Tax Issue
As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method.
Content Type(s):
Press,
Announcements
Research Topic(s):
Retail payments supervision
September 8, 2025
Payment Service Providers are now under Supervision – Registry to follow
Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.
Content Type(s):
Press,
Announcements
Research Topic(s):
Retail payments supervision
September 8, 2025
Bank of Canada begins supervising Payment Service Providers
Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.
Content Type(s):
Press,
Announcements
Research Topic(s):
Retail payments supervision
August 26, 2025
Bank of Canada Media Interview – El Financiero
Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mexican newspaper El Financiero.
Content Type(s):
Press,
Media advisories
August 26, 2025
Inflation targeting: A framework for today and tomorrow
Governor Tiff Macklem discusses how inflation targeting became a leading strategy among central banks for maintaining price stability. He also talks about structural change ahead, shifts in global trade and ensuring monetary policy is fit for the future.
Content Type(s):
Press,
Speeches and appearances,
Speech summaries
Research Topic(s):
Central bank research,
Credibility,
Economic models,
Inflation targets,
International topics,
Monetary policy and uncertainty,
Monetary policy framework,
Price stability
August 26, 2025
Flexible inflation targeting in a shock-prone world
Governor Tiff Macklem discusses how inflation targeting became a leading strategy for maintaining price stability and how the Bank of Canada is ensuring its monetary policy framework is fit for future challenges.
Content Type(s):
Press,
Speeches and appearances
Research Topic(s):
Central bank research,
Credibility,
Economic models,
Inflation targets,
International topics,
Monetary policy and uncertainty,
Monetary policy framework,
Price stability