June 17, 2025 Release of the Bank of Canada’s summary of deliberations On Tuesday, June 17, 2025, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on June 4, 2025. Content Type(s): Press, Media advisories
June 17, 2025 Summary of Governing Council deliberations: Fixed announcement date of June 4, 2025 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 4, 2025. Content Type(s): Publications, Summary of deliberations
A Retail CBDC Design for Basic Payments: Feasibility Study Staff discussion paper 2025-9 Sriram Darbha, Cyrus Minwalla, Rakesh Arora, Dinesh Shah We outline possible system architectures for an online retail central bank digital currency (CBDC) and identify one well-suited for basic payments. We analyze OpenCBDC 2PC, a representative system, finding such designs to be feasible, although some areas require further investigation. Our framing highlights other promising architectures for a retail CBDC. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E4, E42, E5, E51, O, O3 Research Theme(s): Money and payments, Digital assets and fintech, Payment and financial market infrastructures, Retail payments
June 17, 2025 About the Bank of Canada’s balance sheet At the Bank of Canada, our balance sheet reflects the unique role we play as Canada’s central bank. Get an overview of how it’s used to acquire assets and support our core functions, and learn about the types of assets and liabilities we hold. Content Type(s): Background materials
June 17, 2025 Understanding our policy interest rate At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you. Content Type(s): Explainers Subject(s): Monetary policy, Economy/Economic growth, Inflation targeting framework
June 13, 2025 Quarterly Financial Report - First Quarter 2025 Quarterly Financial Report - First Quarter 2025 - For the period ended March 31, 2025 Content Type(s): Publications, Quarterly Financial Report
June 13, 2025 Annual Report 2024 The Annual Report outlines the Bank’s activities and achievements in 2024. It includes the financial statements and a message from Governor Tiff Macklem. Content Type(s): Publications, Annual Report