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A plan to guide the Bank along its Reconciliation journey
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Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework.
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We’ve started the design process for the new $20 bank note featuring His Majesty King Charles III. See more about the new note and our design process.
Tariffs are significantly higher than they were at the start of 2025, and it is extremely difficult to predict how US trade policy will play out. Canadian economic activity has slowed but is showing signs of resilience. While inflation is close to 2%, underlying inflation has picked up.
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Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (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.
Tariffs, trade, employment and inflation — Governor Tiff Macklem takes questions from reporters following his remarks (12:40 (ET) approx.).
Tariffs, trade, employment and inflation — Governor Tiff Macklem speaks before the St. John’s Board of Trade. (11:30 (ET) approx.).
Talking to Canadians: How real-world insights shape monetary policy — Deputy Governor Sharon Kozicki speaks before the C.D. Howe Institute in Toronto (12:35 (ET) approx.).
Interest Rate Announcement – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
Release of the Financial Stability Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
Tariff uncertainty and monetary policy — Governor Tiff Macklem takes questions from reporters following his remarks (14:10 (ET) approx.)
Tariff uncertainty and monetary policy — Governor Tiff Macklem speaks before Calgary Economic Development (13:05 (ET) approx.).
Interest Rate Announcement — Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) approx.).
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