February 6, 2023
Market Participants Survey—Fourth Quarter of 2022
The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants.
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February 6, 2023
University of Alberta crowned National Champion of The Governor’s Challenge
The Bank of Canada is pleased to announce the University of Alberta has won the eighth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
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Press,
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The Governor's Challenge
January 25, 2023
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
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Press,
Speeches and appearances,
Opening statements
January 25, 2023
Bank of Canada increases policy interest rate by 25 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%.
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Press,
Press releases
January 25, 2023
Monetary Policy Report – January 2023
Inflation in Canada is still too high but has declined from its peak. As the effects of higher interest rates continue to spread through the economy, and with declines in energy prices and improved supply chains, inflation is projected to fall to around 3% in the middle of 2023 and reach the 2% target in 2024.
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Publications,
Monetary Policy Report