April 29, 2026 Interest Rate Announcement and Monetary Policy Report 09:45 (ET)On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. Content Type(s): Upcoming events
April 20, 2026 Release: Business Outlook Survey and Canadian Survey of Consumer Expectations 11:30 (ET) The Business Outlook Survey is a summary of interviews conducted by the Bank's regional offices with business leaders from about 100 firms, selected in accordance with the composition of Canada's gross domestic product. The Canadian Survey of Consumer Expectations is a quarterly survey aimed at measuring household views of inflation, the labour market and household finances, as well as topical issues of interest to the Bank of Canada. Content Type(s): Upcoming events
April 16, 2026 CORRA Advisory Group Meeting (April 16, 2026) Content Type(s): Meetings Source(s): CORRA Advisory Group
The Impact of Mortgage Interest Costs on Rental Inflation Amid Population Growth Staff analytical paper 2026-14 Amina Enkhbold, Serdar Kabaca This note finds evidence of a positive and nonlinear relationship between mortgage interest costs (MIC) and rental inflation: the impact of MIC on rents is small when population growth is near its historical norm, but significantly stronger during periods of rapid population growth. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E3, E31, E32, E5, E52 Research Theme(s): Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
Supply Shocks in the Fog: The Role of Endogenous Uncertainty Staff working paper 2026-12 Anastasiia Antonova, Mykhailo Matvieiev, Celine Poilly Recessions feature elevated uncertainty. We develop a nonlinear imperfect-information New Keynesian model where procyclical information quality generates endogenous countercyclical uncertainty and precautionary saving. This demand channel can overturn the inflationary impact of negative supply shocks, making them deflationary, unless monetary policy stabilizes the output gap. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D8, D81, D83, E, E2, E21, E3, E32, E5, E52 Research Theme(s): Models and tools, Economic models, Monetary policy, Inflation dynamics and pressures, Monetary policy framework and transmission
April 9, 2026 Contingent Term Repo Facility: Terms and conditions Read the terms and conditions of the Contingent Term Repo Facility.
April 9, 2026 Contingent Term Repo Facility The Contingent Term Repo Facility (CTRF) is the Bank of Canada’s repurchase agreement (repo) facility designed to counter severe market-wide liquidity stresses and to support the stability of the Canadian financial system.