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In 2021, we renewed Canada’s flexible inflation-targeting framework for 2022 to 2026.
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
See the short list of portrait candidates for the next $5 bank note.
The call for nominations is open until April 21, 2023.
Inflation in Canada is still too high but has declined from its peak. As the effects of higher interest rates continue to spread through the economy, and with declines in energy prices and improved supply chains, inflation is projected to fall to around 3% in the middle of 2023 and reach the 2% target in 2024.
Learn more about our ongoing work on digital currencies. This includes research on a Canadian central bank digital currency (CBDC) and on financial technology (fintech).
Market liquidity measures taken during COVID — Deputy Governor Toni Gravelle speaks before the 21st National Bank Financial Services Conference (12:45 (ET) approx.).
These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.
Economic Progress Report — Senior Deputy Governor Carolyn Rogers takes questions from reporters following her remarks (15:10 (ET) approx.).
Economic Progress Report — Senior Deputy Governor Carolyn Rogers speaks before the Manitoba Chambers of Commerce (13:55 (ET) approx.).
The importance of the Bank of Canada’s 2% inflation target — Deputy Governor Paul Beaudry speaks before the Alberta School of Business, University of Alberta (18:10 (ET) approx.).
How monetary policy works — Governor Tiff Macklem takes questions from reporters following his remarks (14:00 (ET) approx.).
How monetary policy works — Governor Tiff Macklem speaks before the CFA Québec (12:45 (ET) approx.).
Release of the Monetary Policy Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
End-of-year speech — Governor Tiff Macklem takes questions from reporters following his remarks (17:00 (ET) approx.).
End-of-year speech — Governor Tiff Macklem takes part in a fireside chat hosted by the Business Council of British Columbia (15:40 (ET) approx.).
Economic Progress Report — Deputy Governor Sharon Kozicki takes questions from reporters following her remarks (14:00 (ET) approx.).