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Bank of Canada Governor Tiff Macklem discuss shifts in the global trade environment and outlines the challenges and opportunities for Canada.

The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2025 Governor’s Award. For this 2025 nomination period, we are not accepting applications for the Fellowship Award as all awards are currently held.

The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.

On Wednesday, September 4, 2024, 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.

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision.

The Bank of Canada is pleased to announce the recipients of its 2024 Law Enforcement Award of Excellence for Counterfeit Deterrence.

The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic.

On Wednesday, August 7, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on July 24, 2024.

The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.