July 12, 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 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Content Type(s): Press, Press releases
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
May 25, 2023 New exhibition Money in 10 Questions: Kids Edition opens at the Bank of Canada Museum Media Relations Ottawa, Ontario The Bank of Canada Museum is inviting children to visit a new exhibition that is inspired by questions they have about money. Money in 10 Questions: Kids Edition is a play-based experience that helps children understand money and how to handle it. The exhibit opens to the public on May 25 and includes special activities for families. Content Type(s): Press, Press releases
May 23, 2023 Bank of Canada Museum announces 2023 recipients of Award for Excellence in Teaching Economics Media Relations Ottawa, Ontario The Bank of Canada Museum is honouring two outstanding educators for their exceptional work in teaching students about the economy. Content Type(s): Press, Press releases
May 12, 2023 Rhys Mendes appointed as Deputy Governor of the Bank of Canada Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced the appointment of Rhys R. Mendes as Deputy Governor, effective July 17, 2023. Content Type(s): Press, Press releases
May 8, 2023 Bank of Canada launches public consultations on a digital dollar Media Relations Ottawa, Ontario The Bank of Canada is launching an online public consultation on the features that could be included in a digital Canadian dollar. Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
April 24, 2023 The Bank of Canada releases its Annual Report for 2022 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2022 was tabled in the House of Commons today. Content Type(s): Press, Press releases
April 24, 2023 Bank of Canada releases first report about climate risks to its mandate and operations Media Relations Ottawa, Ontario The Bank of Canada has released its first annual report outlining the risks that climate change poses to its mandate and operations. Content Type(s): Press, Press releases
April 12, 2023 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is also continuing its policy of quantitative tightening. Content Type(s): Press, Press releases
April 4, 2023 Deputy Governor Paul Beaudry to leave the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Paul Beaudry will leave the Bank at the end of July 2023. Mr. Beaudry will return to his academic position at the University of British Columbia. Content Type(s): Press, Press releases