Key Interest Rate

• January 17, 2018

  Bank of Canada increases overnight rate target to 1 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.

  Content Type(s): Press, Press releases
• January 17, 2018

  Monetary Policy Report – January 2018

  

  Growth in the Canadian economy is projected to slow from 3 per cent in 2017 to 2.2 per cent this year and 1.6 per cent in 2019.

  Content Type(s): Publications, Monetary Policy Report