February 21, 2019 Monetary policy brings benefits—but has limits Speech summary Stephen S. Poloz Montréal, Quebec In his first speech of 2019, Governor Stephen S. Poloz explains that monetary policy is a powerful tool to promote our economic welfare. But he also notes that it has some key limits that need to be better understood in the face of uncertainty. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Inflation, Inflation targeting framework
May 6, 2026 Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy Opening statement Tiff Macklem Senate Standing Committee on Banking, Commerce and the Economy Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
May 28, 2026 Financial Stability Report—2026—Banks Canada’s large banks have grown more resilient. They remain well positioned to support the economy and the financial system even if conditions deteriorate.
May 14, 2026 What does the Bank of Canada do? The Bank has five main areas of responsibility that affect Canadians’ everyday lives. Content Type(s): Explainers Subject(s): About the Bank
April 15, 2020 Bank of Canada maintains overnight rate target and unveils new market operations Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system. Content Type(s): Press, Press releases
Personal Experiences and House Price Expectations: Evidence from the Canadian Survey of Consumer Expectations Staff analytical note 2018-8 Mikael Khan, Matthieu Verstraete In this work, we use novel Canadian survey data to study how expectations of future changes in house prices are influenced by personal experiences. We find that recently experienced changes in local house prices are routinely extrapolated into expectations of year-ahead changes in national house prices. Content Type(s): Staff research, Staff analytical notes Research Theme(s): Financial system, Household and business credit, Monetary policy, Real economy and forecasting
September 29, 1998 Bank Rate Lowered by ¼ Percentage Point to 5¾ Per Cent Media Relations Ottawa, Ontario The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¾ per cent. Content Type(s): Press, Press releases
October 19, 2011 Change in Minimum Bank of Canada Nominal Bond Purchases at Auctions In managing its balance sheet, the Bank of Canada acquires Government of Canada securities to offset its liabilities, which consist mainly of bank notes in circulation and deposits. Content Type(s): Press, Market notices
February 25, 2020 Exploring new ways to pay Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Bank notes, Digital currency, Financial system, Fintech