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In the 2023 Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning in 2024, up to an annual maximum of $30 billion while ensuring that the pace and volume of these purchases are appropriate for market conditions.

Tiff Macklem, Governor of the Bank of Canada, gave an interview to Reuters.

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%.

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.

Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.

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.

Tiff Macklem, Governor of the Bank of Canada.
Interview with The Logic.

Tiff Macklem, Governor of the Bank of Canada.
Interview with The Logic.

Tiff Macklem, Governor of the Bank of Canada, gave an interview to Kevin Carmichael of The Logic.