Posts

• March 12, 2025

  Interest Rate Announcement

  09:45 (ET)
  On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision.

  Content Type(s): Upcoming events
• February 21, 2025

  Speech: Tiff Macklem, Governor

  13:00 (ET)
  Mississauga, Ontario 

  Content Type(s): Upcoming events
• February 17, 2025

  Family Day

  Provincial holiday: Alberta, British Columbia, Nova Scotia and Ontario

  Content Type(s): Upcoming events
• February 14, 2025

  Release: Senior Loan Officer Survey

  10:30 (ET)
  The Senior Loan Officer Survey collects information on the business-lending practices of Canadian financial institutions. 

  Content Type(s): Upcoming events
• February 12, 2025

  Publication: Summary of Deliberations

  13:30 (ET)
  A summary of monetary policy deliberations by the Governing Council for the policy decision that was announced two weeks earlier.

  Content Type(s): Upcoming events
• February 10, 2025

  Release: Market Participants Survey

  10:30 (ET)
  The Market Participants Survey is conducted quarterly. Bank of Canada staff reach out to a diverse set of participants in financial markets to gather their views on key macroeconomic and financial variables as well as on monetary policy.

  Content Type(s): Upcoming events

• High-Cost Consumer Credit: Desperation, Temptation and Default

  Staff Working Paper 2025-6 Joaquín Saldain

  I study the welfare consequences of regulations on high-cost consumer credit in the United States and find that borrowing limits have distributional impacts on households with self-control issues.

  Content Type(s): Staff research, Staff working papers Topic(s): Credit and credit aggregates, Financial markets, Interest rates JEL Code(s): E, E2, E7, E71, G, G5, G51

• Anchored Inflation Expectations: What Recent Data Reveal

  Staff Working Paper 2025-5 Olena Kostyshyna, Isabelle Salle, Hung Truong

  We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a heterogeneous-expectations model to study how inflation expectations form over the business cycle. We provide new insights into how households form expectations, documenting that forecasting behaviours, attention and noise in beliefs vary across socio-demographic groups and correlate with views about monetary policy.

  Content Type(s): Staff research, Staff working papers Topic(s): Inflation and prices JEL Code(s): D, D8, D84, E, E3, E31, E7, E70
• January 30, 2025

  Award-winning exhibition “Money in 10 Questions: Kids Edition” hits the road across Canada

  The Bank of Canada Museum is thrilled to announce the nationwide tour of its award-winning travelling exhibition, Money in 10 Questions: Kids Edition, kicking off at the Lloydminster Museum + Archives from January 31 to April 27, 2025.

  Content Type(s): Press, Announcements
• January 29, 2025

  Bank of Canada Media Interview – Bloomberg News

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Erik Hertzberg of Bloomberg News.

  Content Type(s): Press, Media advisories