News

• September 17, 2025

  Bank of Canada lowers policy rate to 2½%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%.

  Content Type(s): Press, Press releases
• September 17, 2025

  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
• September 12, 2025

  The evolution of how we pay for things

  

  New technologies new payments possibilities. Learn more about how these innovations can make purchases easier, but also introduce new risks.

  Content Type(s): Publications, The Economy, Plain and Simple Research Topic(s): Cyber security, Digital currencies and fintech, Digitalization, Financial services, Payment clearing and settlement systems, Retail payments supervision
• September 8, 2025

  Bank of Canada begins supervising Payment Service Providers

  Today the Bank of Canada’s mandate to supervise Payment Service Providers under the Retail Payment Activities Act came into effect.

  Content Type(s): Press, Announcements Research Topic(s): Retail payments supervision
• August 26, 2025

  Flexible inflation targeting in a shock-prone world

  Remarks Tiff Macklem Bank of Mexico 100ᵗʰ Anniversary Seminar Mexico City, Mexico

  Governor Tiff Macklem discusses how inflation targeting became a leading strategy for maintaining price stability and how the Bank of Canada is ensuring its monetary policy framework is fit for future challenges.

  Content Type(s): Press, Speeches and appearances Research Topic(s): Central bank research, Credibility, Economic models, Inflation targets, International topics, Monetary policy and uncertainty, Monetary policy framework, Price stability
• August 13, 2025

  Canada Border Services Agency and Royal Canadian Mounted Police win Bank of Canada counterfeit deterrence award

  The Bank of Canada is pleased to announce the recipients of its 2025 Law Enforcement Award of Excellence for Counterfeit Deterrence.

  Content Type(s): Press, Announcements
• August 13, 2025

  Summary of Governing Council deliberations: Fixed announcement date of July 30, 2025

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 30, 2025.

  Content Type(s): Publications, Summary of deliberations
• August 11, 2025

  Market Participants Survey—Second Quarter of 2025

  The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.

  Content Type(s): Publications, Market Participants Survey
• August 6, 2025

  Bank of Canada publishes its 2026 schedule for policy interest rate announcements and other major publications

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2026 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.

  Content Type(s): Press, Press releases
• July 30, 2025

  Bank of Canada holds policy rate at 2¾%

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

  Content Type(s): Press, Press releases