Bank of Canada

The Bank of Canada (BoC), known in French as Banque du Canada, is a Crown corporation serving as the central bank of Canada. Established in 1934 through the Bank of Canada Act, its main roles include developing the country's monetary policy and ensuring a stable financial system in Canada. The Bank of Canada is the only entity authorized to issue Canadian banknotes, and it also offers banking services and manages funds for the government. Additionally, it provides loans to Canadian financial institutions. Since 1935, the Canadian Bank Note Company has been responsible for producing these banknotes.

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The Bank of Canada releases the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations - Bank of Canada

2 months ago | bankofcanada.ca

On Monday, April 7, 2025, the Bank of Canada will release the first quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.
Tariffs and trade uncertainty are hurting the Canadian economy - Bank of Canada

Mar 20, 2025 | bankofcanada.ca

Governor Tiff Macklem discusses how uncertainty about the trade war with the United States has shaken businesses and consumer confidence. He also reiterates that the Bank of Canada must ensure that high prices from tariffs do not lead to ongoing inflation.
Trade conflict: What can the Bank of Canada do? - Bank of Canada

Feb 22, 2025 | bankofcanada.ca

Governor Tiff Macklem discusses how a trade conflict would affect the Canadian economy and monetary policy. He also outlines what the Bank of Canada is focusing on as it renews its monetary policy framework.
Market Participants Survey—Fourth Quarter of 2024 - Bank of Canada

Feb 10, 2025 | bankofcanada.ca

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
Press Conference Opening Statement to come at 9:45 (ET)

Jan 29, 2025 | bankofcanada.ca | Tiff Macklem

FR Opening statement Content Type(s): Press, Speeches and appearances, Opening statements
Quarterly Financial Report - Third Quarter 2024 - Bank of Canada

Nov 13, 2024 | bankofcanada.ca

Quarterly Financial Report - Third Quarter 2024 - For the period ended September 30, 2024, unaudited
Market Participants Survey—Third Quarter of 2024 - Bank of Canada

Nov 4, 2024 | bankofcanada.ca

The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
Opening Statement before the Senate Standing Committee on Banking, Commerce and the Economy

Oct 30, 2024 | bankofcanada.ca | Tiff Macklem

Opening statement Senate Standing Committee on Banking, Commerce and the Economy Available as: PDF Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monetary Policy Report. Last week, we lowered the policy interest rate by 50 basis points. It was our fourth consecutive decrease since June and brings our policy rate to 3.75%.
Opening Statement before the House of Commons Standing Committee on Finance

Oct 29, 2024 | bankofcanada.ca | Tiff Macklem

Opening statement House of Commons Standing Committee on Finance Available as: PDF Good afternoon. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our recent policy announcement and the Bank of Canada’s Monetary Policy Report. Last week, we lowered the policy interest rate by 50 basis points. It was our fourth consecutive decrease since June and brings our policy rate to 3.75%.
Does Unconventional Monetary and Fiscal Policy Contribute to the COVID Inflation Surge in the US?

Oct 24, 2024 | bankofcanada.ca | Jing Cynthia Wu

Staff Working Paper 2024-38 (English) Available as: PDF We assess whether unconventional monetary and fiscal policy implemented in response to the COVID-19 pandemic in the U.S. contribute to the 2021-2023 inflation surge through the lens of several different empirical methodologies—event studies, vector autoregressions, and regional panel regressions using granular data—and establish a null result.