Browse press

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 Wednesday, January 29, 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. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.

On Monday, January 20, 2025, the Bank of Canada will release the fourth quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

The Bank of Canada’s exceptional policy actions during the COVID-19 pandemic provided important support for the economy during the unprecedented shock, says a review published today.

On Friday, January 17, 2025, the Bank of Canada will publish its report on the exceptional policy actions undertaken in response to the COVID-19 pandemic. The documents will also include a review by an external panel of experts, and a response from the Bank’s Governing Council.

Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and explains how the Bank of Canada will manage its balance sheet going forward.

Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and how the Bank of Canada will manage its balance sheet after that.

On Thursday, January 16, 2025, Toni Gravelle, Deputy Governor of the Bank of Canada, will speak before VersaFi (formerly Women in Capital Markets).

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.