September 22, 2025 Remarks by Sharon Kozicki, Deputy Governor of the Bank of Canada On Monday, September 22, 2025, Sharon Kozicki, Deputy Governor of the Bank of Canada, will speak at the BIS-ECB-SUERF Online Workshop on Monetary Policy Framework. Content Type(s): Press, Media advisories
September 18, 2025 Keynote Speech and Fireside Chat by Ron Morrow, Executive Director of Payments, Supervision and Oversight at the Bank of Canada On Thursday, September 18, 2025, Ron Morrow, Executive Director of Payments, Supervision and Oversight the Bank of Canada, will deliver a keynote speech and participate in a Fireside Chat at The ONE Conference of the Chartered Professional Accountants Canada (CPA). Content Type(s): Press, Media advisories
September 17, 2025 Bank of Canada Media Interview – WONK podcast Tiff Macklem, Governor of the Bank of Canada, spoke to Amanda Lang on the WONK podcast. Content Type(s): Press, Media advisories
September 17, 2025 Bank of Canada Media Interview – Nikkei Tiff Macklem, Governor of the Bank of Canada, gave an interview to Daichi Mishima of Nikkei America. Content Type(s): Press, Media advisories
September 17, 2025 Bank of Canada lowers policy rate to 2½% Media Relations Ottawa, Ontario The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Content Type(s): Press, Press releases
September 17, 2025 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision. Content Type(s): Press, Speeches and appearances, Opening statements
September 17, 2025 Bank of Canada Interest Rate Announcement On Wednesday, September 17, 2025, 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. Content Type(s): Press, Media advisories
September 8, 2025 Letter to Industry on Trust Tax Issue As of September 8, 2025, the Bank of Canada’s mandate to supervise Payment Service Providers (PSPs) under the Retail Payments Activities Act (RPAA) is in effect, including regulatory obligations related to operational risk and end-user funds safeguarding. The Bank and the Department of Finance have been made aware of possible unintended tax consequences for PSPs seeking to comply with the safeguarding requirements of the RPAA using the “in trust in a trust account” method. Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision