Press Releases

• October 23, 2024

  Bank of Canada reduces policy rate by 50 basis points to 3¾%

  Media Relations Ottawa, Ontario

  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 3¾%.

  Content Type(s): Press, Press releases
• October 3, 2024

  Bank of Canada Board launches process to appoint additional external Deputy Governor

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection committee to spearhead the selection process and has retained recruitment firm Boyden to assist with the open external search process.

  Content Type(s): Press, Press releases
• October 1, 2024

  The Bank of Canada Museum launches a new free educational resource “You Are the Economy”

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is excited to introduce “You Are the Economy,” a comprehensive suite of six free lesson plans on economic and financial literacy for Grade 7–12 students across Canada.

  Content Type(s): Press, Press releases