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    Toward 2021

    Reviewing the Monetary Policy Framework.

    Financial System Hub

    Promoting a stable and efficient financial system.

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    Market Notices

    November 13, 2019
    Bank of Canada’s Intention to Introduce a Standing Term Liquidity Facility
    September 10, 2019
    Debt Management Strategy Consultations – 2020-21

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    Canada’s Vertical $10 Note

    Explore and share the $10 polymer bank note featuring Viola Desmond.

    Upcoming changes to legal tender status for older bank notes

    Find out what removing legal tender status means and which bank notes are affected.

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    Monetary Policy Report – October 2019

    The Bank projects that Canadian economy will grow by 1.5 percent this year, 1.7 percent in 2020 and 1.8 percent in 2021.

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    Understanding digital currencies and related financial technologies is an important part of our research agenda.

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    Empire Club of Canada - Speech (Webcasts)

    Seeing the Big Picture with 2020 Vision - Stephen S. Poloz, the Governor of the Bank of Canada, speaks before the Empire Club of Canada. (12:55 (Eastern Time) approx.)

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    Staff Economic Projections

    These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five-year lag.

Toward 2021: Renewing the Monetary Policy Framework

Speeches, research and consultations related to the 2021 renewal

In 2021, the Bank of Canada and the Government of Canada will renew their agreement on Canada’s inflation-control target. First signed in 1991, the agreement is renewed every five years. The periodic review of the agreement provides an opportunity for us to reframe our ongoing research and engage with stakeholders on the economy. Read about this work and tell us what you think. You can also consult information about previous agreements.


Toward 2021
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Research

Between renewals, our researchers study the effectiveness of the monetary policy framework and the experience of other central banks.

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Speeches

To help inform Canadians about the renewal process, Governing Council members speak publicly about the economy and issues related to the monetary policy framework.

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Outreach

To ensure a diversity of views are considered in the renewal process, we are consulting broadly with Canadians. We also host and attend conferences and workshops to engage with experts and policy makers about our monetary policy framework.

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