Annual Report 2020


Governor's foreword

The year 2020 was like no other. It began with the unemployment rate in Canada near an all-time low, inflation very close to its 2 percent target and the Bank of Canada’s policy interest rate at 1¾ percent. Canada’s economy was healthy. A year later, we are far from home.

2020 by the numbers

A review of some key numbers related to the Bank of Canada’s work in 2020.

In focus

Available as: PDF