September 23, 2024
Bank of Canada announces Reconciliation Action Plan
The Bank of Canada today unveiled its first Reconciliation Action Plan.
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September 4, 2024
Bank of Canada reduces policy rate by 25 basis points to 4¼%
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%.
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August 8, 2024
Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic
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.
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August 6, 2024
Bank of Canada publishes its 2025 schedule for policy interest rate announcements and other major publications
The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
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July 24, 2024
Bank of Canada reduces policy rate by 25 basis points to 4½%
The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization.
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