December 5, 2018 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 24, 2016 Workshop on Commodity Cycles and their Implications Workshop held on 24 and 25 April 2016 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
January 18, 2012 Monetary Policy Report – January 2012 The Canadian economy is estimated to have grown by 2.4 per cent in 2011, and is projected to grow by 2.0 per cent in 2012, and 2.8 per cent in 2013, returning to full capacity by the third quarter of 2013. Total CPI inflation is expected to return to the 2 per cent target by the 3rd quarter of 2013. Content Type(s): Publications, Monetary Policy Report
July 15, 2026 Monetary Policy Report—July 2026—Risks The evolution of Canada’s trade relationship with the United States and the war in the Middle East remain the two most important risks to the outlook for inflation.
The Evolution of the Chinese Housing Market and Its Impact on Base Metal Prices Staff discussion paper 2016-7 Mark Kruger, Kun Mo, Benjamin Sawatzky The Chinese housing market has grown rapidly following its liberalization in the 1990s, generating significant economic activity and demand for base metals. In this paper, we discuss the evolution of the Chinese housing market and quantify its importance for the overall Chinese economy and its linkages to base metal prices. Content Type(s): Staff research, Staff discussion papers JEL Code(s): Q, Q3, Q31, R, R3, R31 Research Theme(s): Financial markets and funds management, Market functioning, Monetary policy, Real economy and forecasting, Structural challenges, International trade, finance and competitiveness
September 23, 1999 Canada's economy as the year 2000 approaches Remarks Gordon Thiessen the Chamber of Commerce Regina, Saskatchewan It is always a pleasure to return and speak to people in my home province. This time, we are here for a meeting of the Bank of Canada's Board of Directors. Once a year, our Board meets outside Ottawa, in a different part of the country. This year, we are delighted to be in Regina. Content Type(s): Press, Speeches and appearances, Remarks
March 22, 1999 Financial sector reform, the economy, and monetary policy Remarks Gordon Thiessen the Mennonite Savings and Credit Union Kitchener, Ontario I am delighted to be with you this evening to celebrate the 35th annual meeting of the Mennonite Savings and Credit Union. On this occasion, I propose to speak about the Canadian economy and monetary policy. But given this audience, I thought I might start with some remarks on the future of the Canadian financial sector - a subject that has certainly grabbed its share of headlines over the past year! Content Type(s): Press, Speeches and appearances, Remarks
March 21, 1997 Monetary Policy and the Prospects for a Stronger Canadian Economy Remarks Gordon Thiessen Canadian Association for Business Economics and the Ottawa Economics Association Ottawa, Ontario Anyone who has read our last Monetary Policy Report, the winter issue of the Bank of Canada Review, or our just-released Annual Report knows that the Bank has been positive about Canada's economic outlook. Basically, we are looking for a solid pickup in the pace of economic expansion in coming months, with inflation remaining low. And, with improvements in the basic foundation of our economy, we see the potential for sustained good economic performance over the medium term. Content Type(s): Press, Speeches and appearances, Remarks
January 31, 2017 Research Update - January 2017 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
How Canada’s counter-tariffs impacted consumer prices Sparks at Bank article Alberto Cavallo, Olena Kostyshyna, Oleksiy Kryvtsov, Matías Vieyra For six months in 2025, Canada imposed counter tariffs on a wide range of goods from the United States. This short and well defined episode offers a unique opportunity to examine how Canadian retailers adjust prices in response to tariffs—and how retailers’ expectations and transparency with consumers affect pricing decisions. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Monetary policy, Inflation dynamics and pressures, Structural challenges, International trade, finance and competitiveness