We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

As is customary, Tiff Macklem, Governor of the Bank of Canada, held today a virtual roundtable with journalists from the sidelines of the IMF meetings in Washington, DC.

The surge in inflation during the COVID-19 pandemic has led to many debates about its causes and persistence. Among the questions driving these debates: Was the surge in inflation largely demand- or ...

The Governor’s opening statement will be published on the Bank’s website at 16:15 (ET).

The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at ...

Recent policy changes are having a clear impact on the mortgage market. The number of new highly indebted borrowers has fallen, and overall mortgage activity has slowed significantly. Tighter policies ...

As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends. Every four years, we reach out to Canadians to ask them how they pay for things.

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

How often does the cashier just hand over the debit machine when you pay for your morning coffee? Some even seem surprised if you give them cash. Last year in Canada, people used cash for only 1 in 3 ...

Over the years, the Bank of Canada has adjusted the way it sets its key interest rate. Following is a brief history of the key rate from the Bank’s founding in 1935 until the present. The original key ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

The stability of the Canadian financial system, as well as its ability to support the Canadian economy, depends on the ability of financial institutions to absorb and manage major shocks. This is ...