April 16, 2025
Bank of Canada holds policy rate at 2¾%
The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
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March 12, 2025
Bank of Canada reduces policy rate by 25 basis points to 2¾%
The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
Content Type(s):
Press,
Press releases
February 11, 2025
Bank of Canada announces appointment of second external Deputy Governor
The Board of Directors of the Bank of Canada today announced the appointment of Michelle Alexopoulos as an external Deputy Governor for a term of two years, effective March 17, 2025.
Content Type(s):
Press,
Press releases
January 29, 2025
Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tightening
The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.
Content Type(s):
Press,
Press releases
January 17, 2025
Bank of Canada releases review of exceptional policy actions taken during the pandemic
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.
Content Type(s):
Press,
Press releases
December 11, 2024
Bank of Canada reduces policy rate by 50 basis points to 3¼%
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.
Content Type(s):
Press,
Press releases
December 2, 2024
Bank of Canada publishes applicants’ list of retail payment service providers
The Bank of Canada today published the list of companies that have applied to be registered under the Retail Payment Activities Act (RPAA).
Content Type(s):
Press,
Press releases
Research Topic(s):
Retail payments supervision
November 25, 2024
Bank of Canada announces finalists for the tenth annual Governor’s Challenge
The Bank of Canada has announced the six finalist teams in the 2024-25 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.
Content Type(s):
Press,
Press releases
Source(s):
The Governor's Challenge
November 1, 2024
Bank of Canada Opens Registration Period for Payment Service Providers
The Bank of Canada said today it has opened the registration period for retail payment service providers (PSPs) that are subject to the Retail Payments Activities Act (RPAA).
Content Type(s):
Press,
Press releases
Research Topic(s):
Retail payments supervision
October 23, 2024
Bank of Canada reduces policy rate by 50 basis points to 3¾%
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%.
Content Type(s):
Press,
Press releases