June 7, 2023 Bank of Canada raises policy rate 25 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. Content Type(s): Press, Press releases
April 15, 2015 Bank of Canada maintains overnight rate target at 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
June 30, 2006 Business Outlook Survey - Summer 2006 The results of this Business Outlook Survey are broadly in line with those of the previous one. Content Type(s): Publications, Business Outlook Survey
April 17, 2006 Business Outlook Survey - Spring 2006 Businesses are positive about the economic outlook. Hiring and investment intentions are strong, while future sales are expected to increase at about the same pace as in the past 12 months.Supplemental questions on the appreciation of the Canadian dollar - Spring 2006 Content Type(s): Publications, Business Outlook Survey
December 24, 2021 Understanding the output gap The output gap is the difference between what an economy actually produces and what it would produce in an ideal world. Content Type(s): Explainers Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation
June 30, 2023 Business Outlook Survey—Second Quarter of 2023 Results from the Business Outlook Survey for the second quarter of 2023, along with those from the April, May and June 2023 Business Leaders’ Pulse surveys, suggest that capacity pressures remain elevated and expectations of significant price increases continue to be widespread. Firms anticipate that sales growth will begin to moderate from exceptionally high rates as signs of greater uncertainty emerge. Content Type(s): Publications, Business Outlook Survey
April 29, 2026 Bank of Canada maintains policy rate at 2¼% Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Content Type(s): Press, Press releases
January 16, 2007 Monetary Policy Report Update – January 2007 The global economy has continued to expand robustly. However, U.S. economic growth slowed in 2006, with the weakness concentrated in the automotive and housing sectors. Content Type(s): Publications, Monetary Policy Report
August 31, 2014 Research Update - August 2014 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
December 7, 1998 The Canadian economy and monetary policy in unsettled times Remarks Gordon Thiessen Greater Victoria Chamber of Commerce Victoria, British Columbia When the Asian crisis erupted in the summer of 1997, few observers anticipated that international financial markets would still be under its influence more than a year later. Content Type(s): Press, Speeches and appearances, Remarks