We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
News
April 24, 2024
April 22, 2024
The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
Market Participants Survey—First Quarter of 2024
Content Type(s):
Publications,
Market Participants Survey
April 10, 2024
Bank of Canada maintains policy rate, continues quantitative tightening
The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.
Content Type(s):
Press,
Press releases
April 10, 2024
Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to see if this progress proves durable. The Bank projects that inflation will stay around 3% into the second quarter of 2024, ease below 2.5% in the second half of the year and return to target in 2025.
Monetary Policy Report – April 2024
Content Type(s):
Publications,
Monetary Policy Report
April 10, 2024
Monetary Policy Report Press Conference Opening Statement
Opening statement
Tiff Macklem
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the policy rate decision.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
Looking for plain-language explanations of the economy?
— Bank of Canada (@bankofcanada) April 19, 2024
Sign up to the Economy, Plain and Simple: https://t.co/AKhyxL5ZOR
#cdnecon pic.twitter.com/ofLrzZUtLG
Canadian dollar
Market notices
- April 25, 2024 CFIF announces the establishment of the Collateral Infrastructure and Market Practices Advisory Group
- April 25, 2024 Bank of Canada plans to re-introduce its securities lending program
- April 17, 2024 Introduction of one-month treasury bill
- April 15, 2024 CARR to begin publishing data on the transition of CDOR based loans to CORRA
- March 14, 2024 Release of the 2023 Bank of Canada FMI Oversight Activities Annual Report
Upcoming events
- May 1, 2024 Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor
- May 2, 2024 Appearance: Tiff Macklem, Governor, and Carolyn Rogers, Senior Deputy Governor
- May 9, 2024 Publication: Financial System Review
- May 9, 2024 Release: Financial System Survey
- May 10, 2024 Release: Senior Loan Officer Survey