June 19, 2013 Reconstruction: Rebuilding Business Confidence in Canada Remarks Stephen S. Poloz Oakville Chamber of Commerce Burlington, Ontario Bank of Canada Governor Stephen S. Poloz discusses the structural damage to the Canadian economy caused by the crisis, and the need to rebuild Canada’s economic capacity and strengthen business confidence. Content Type(s): Press, Speeches and appearances, Remarks
September 7, 2022 Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. Content Type(s): Press, Press releases
October 8, 2008 Central Banks Announce Coordinated Interest Rate Reductions Media Relations Throughout the current financial crisis, central banks have engaged in continuous close consultation and have cooperated in unprecedented joint actions such as the provision of liquidity to reduce strains in financial markets. Content Type(s): Press, Press releases
April 24, 2019 Bank of Canada maintains overnight rate target at 1 ¾ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Content Type(s): Press, Press releases
April 20, 2026 Canadian Survey of Consumer Expectations—First Quarter of 2026 Results of the first-quarter 2026 survey, conducted before the war in the Middle East, show that concerns about high prices and economic uncertainty continue to weigh on consumers’ spending plans. Even so, consumers, particularly those working in trade-sensitive sectors, became less negative about spending than in the previous quarter, and the CSCE indicator rose slightly reflecting this improvement in spending plans. Concerns about job losses remain elevated and increased among workers in sectors where artificial intelligence poses a greater risk of task replacement. Results of a special survey conducted after the war in the Middle East began suggest that most households expect the conflict to weaken the Canadian economy and raise prices. Content Type(s): Publications, Canadian Survey of Consumer Expectations
September 6, 2006 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
December 3, 2014 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
April 23, 2009 Release of the Monetary Policy Report Opening statement Mark Carney Ottawa, Ontario These are difficult economic times with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world. Content Type(s): Press, Speeches and appearances, Opening statements
October 21, 2015 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
April 21, 2021 Monetary Policy Report 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 policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements