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In 2021, we renewed Canada’s flexible inflation-targeting framework for 2022 to 2026.
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
See the short list of portrait candidates for the next $5 bank note.
Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.
Find Bank of Canada publications by keyword, author, content type, JEL code, topic or publication date.
Inflation in Canada is still too high but has declined from its peak.
Learn more about our ongoing work on digital currencies. This includes research on a Canadian central bank digital currency (CBDC) and on financial technology (fintech).
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Release of the Monetary Policy Report — Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (11:00 (ET) approx.).
These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.
A summary of monetary policy deliberations by the Governing Council for the policy decision that was announced two weeks earlier.
On eight scheduled dates each year, the Bank of Canada issues a press release announcing its decision for the overnight rate target, together with a short explanation of the factors influencing the decision.
10:30 (ET)The Senior Loan Officer Survey collects information on the business-lending practices of Canadian financial institutions.
11:00 (ET)The Governor and the Senior Deputy Governor hold a press conference to discuss the contents of the Report.