News

• June 4, 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
• June 4, 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
• May 20, 2025

  Bank of Canada Museum announces 2025 recipients of Award for Excellence in Teaching Economics

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is proud to announce the recipients of its 2025 Award for Excellence in Teaching Economics.

  Content Type(s): Press, Press releases
• May 8, 2025

  Financial Stability Report—2025

  

  Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Rhys R. Mendes, Nicolas Vincent, Michelle Alexopoulos

  Canada’s financial system is resilient. Overall, households, businesses, banks and non-bank financial intermediaries successfully weathered the pandemic, a period of elevated inflation, and sharp increases in interest rates. But the trade war currently threatens the Canadian economy and poses risks to financial stability.

  Content Type(s): Publications, Financial Stability Report
• May 8, 2025

  Release of the Financial Stability Report

  Opening statement Tiff Macklem, Carolyn Rogers Ottawa, Ontario

  Press conference following the release of the Financial Stability Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Business fluctuations and cycles, Debt management, Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, Recent economic and financial developments
• May 1, 2025

  Bank of Canada announces 2024–25 scholarship recipients

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students, LGBTQ2S+ students, francophones, and students who identify as a woman or as a member of a visible minority or racialized group.

  Content Type(s): Press, Announcements Source(s): Scholarship awards
• April 30, 2025

  Summary of Governing Council deliberations: Fixed announcement date of April 16, 2025

  This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the  monetary policy decision on April 16, 2025.

  Content Type(s): Publications, Summary of deliberations
• April 28, 2025

  Market Participants Survey—First 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
• April 16, 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
• April 16, 2025

  Monetary Policy Report—April 2025

  

  The Canadian economy ended 2024 in a strong position. However, the trade conflict and tariffs are expected to slow growth and add to price pressures. The outlook is very uncertain because of the unpredictability of US trade policy and the magnitude of its impact on the Canadian economy.

  Content Type(s): Publications, Monetary Policy Report