March 25, 2026 Bank of Canada Resumes Market Operations Yesterday’s internal computer systems issue has been resolved and the Bank of Canada will proceed with its regular schedule for market operations, including today’s AM auction of Receiver General balances. Content Type(s): Press, Market notices
March 24, 2026 Bank of Canada Delays Market Operations The Bank of Canada is experiencing an internal computer systems issue. The call for tenders for tomorrow’s auction of Receiver General balances has been delayed, and other market operations may be affected. Content Type(s): Press, Market notices
March 24, 2026 Release of the 2025 Bank of Canada FMI Oversight Activities Annual Report The Bank of Canada today published the Bank of Canada Oversight Activities for Financial Market Infrastructures 2025 Annual Report. Content Type(s): Press, Market notices
Examining the macro drivers of mortgage arrears in Canada Staff analytical paper 2026-12 Thomas Michael Pugh, Tao Wang, Taylor Webley Mortgage debt represents over 70% of all Canadian household financial liabilities, and the performance of these debts is critical to the health of the financial system. We explore the relationships between mortgage arrears and key macroeconomic fundamentals such as labour market variables, interest rates, house prices and inflation. We then develop a framework to assess future household mortgage stress. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E2, E3, E37, E5, G, G5, G51 Research Theme(s): Financial system, Financial stability and systemic risk, Household and business credit, Models and tools, Econometric, statistical and computational methods, Monetary policy, Real economy and forecasting
March 23, 2026 Changes to Bank of Canada Governing Council Media Relations Ottawa, Ontario The Bank of Canada announced today the departure of Deputy Governor Rhys Mendes on April 10, and the retirement of Deputy Governor Sharon Kozicki on July 15. Content Type(s): Press, Press releases
March 18, 2026 Bank of Canada maintains policy rate at 2¼% Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Content Type(s): Press, Press releases
March 18, 2026 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision. Content Type(s): Press, Speeches and appearances, Opening statements
March 18, 2026 Interest Rate Announcement 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. Content Type(s): Upcoming events
March 18, 2026 Bank of Canada Interest Rate Announcement On Wednesday, March 18, 2026, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. Content Type(s): Press, Media advisories