June 4, 2025
Bank of Canada holds policy rate at 2¾%
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%.
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News
June 4, 2025
Monetary Policy Decision Press Conference Opening Statement
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
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
Upcoming events
- June 4, 2025 Interest Rate Announcement
- June 5, 2025 Speech: Sharon Kozicki, Deputy Governor
- June 17, 2025 Publication: Summary of Deliberations
Canadian dollar