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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%.

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, April 29, 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.

The Board of Directors of the Bank of Canada today announced the appointment of Marc-André Gosselin and Nicolas Vincent as Deputy Governors, effective May 25 and August 3, 2026, respectively.

On Monday, April 20, 2026, the Bank of Canada will release the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

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

Tiff Macklem, in his capacity as Chair of the Financial Stability Board’s Standing Committee for the Assessment of Vulnerabilities, gave an interview to Laura Noonan of Bloomberg News.

The Department of Finance and the Bank of Canada are seeking the views of government securities distributors, institutional investors, and other interested parties on the Government of Canada’s domestic debt program and relevant market developments.

The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for the Master Scholarship Award for Women in Economics and Finance.