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The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.

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, October 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 interest rate decision.

This November, the Bank of Canada Museum invites visitors to celebrate the 15^th anniversary of Financial Literacy Month (FLM) with a full lineup of free, hands-on activities that make money management approachable, practical, and fun for all ages.

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

Toni Gravelle, Deputy Governor of the Bank of Canada.
Interview with Le Matin du Nord on Ici Radio-Canada.

As is customary, Tiff Macklem, Governor of the Bank of Canada, held today a virtual roundtable with journalists from the sidelines of the IMF meetings in Washington, DC.

Bank of Canada Deputy Governor Toni Gravelle will speak to Eric Robitaille of Ici Radio-Canada Première’s Le Matin du Nord at around 7:20 a.m. (ET).

On Thursday, October 16, 2025, Tiff Macklem, Governor of the Bank of Canada, will speak at the Peterson Institute for International Economics.