Key Interest Rate

• January 22, 2020

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.

  Content Type(s): Press, Press releases
• January 22, 2020

  Monetary Policy Report – January 2020

  

  The Bank projects that growth in the Canadian economy will accelerate from 1.6 percent this year to 2 percent in 2021.

  Content Type(s): Publications, Monetary Policy Report