Good morning. I’m pleased to be here with you—in person—to discuss today’s policy announcement and the Bank’s Monetary Policy Report (MPR). It seems fi...
The sooner the bank stops adding support to the economy, the faster it's expected to pivot to a tightening cycle The Bank of Canada will continue pulling back its support for the economy at a policy decision this week, paving the way for the start...
Numbers not great news for economy, says economist Retailers in Canada reported fewer sales in September amid supply chain bottlenecks and a reopening of the economy that allowed consumers to spend more on services. Receipts likely fell 1.9 per...
Governor Tiff Macklem makes the case for greater cooperation to shape a stronger international monetary and financial system. Watch Governor Macklem sp...
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary...
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining it...
Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Paymen...
The Bank of Canada today published its 2022 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate ann...
The Bank of Canada today announced the appointment of Ron Morrow as Executive Director – Retail Payments Supervision, effective August 9, 2021. This executive-level position has been created, with en...
The Board of Directors of the Bank of Canada today announced the appointment of Sharon Kozicki as Deputy Governor, effective August 2, 2021. As Deputy Governor, Ms....