Bank of Canada

News

December 23, 2024

Summary of Governing Council deliberations: Fixed announcement date of December 11, 2024

This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 11, 2024.

Content Type(s): Publications, Summary of deliberations

December 16, 2024

Delivering price stability: Learning from the past, preparing for the future

Remarks Tiff Macklem Greater Vancouver Board of Trade Vancouver, British Columbia

Governor Tiff Macklem reflects on the lessons learned from the pandemic and its aftermath and outlines how the Bank is preparing for the challenges of the future.

Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Economic models, Expectations, Inflation and prices, Inflation targets, International topics, Monetary policy, Monetary policy communications, Monetary policy framework

December 11, 2024

Bank of Canada reduces policy rate by 50 basis points to 3¼%

Media Relations Ottawa, Ontario

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

Content Type(s): Press, Press releases

December 11, 2024

Monetary Policy Decision Press Conference Opening Statement

Opening statement Tiff Macklem Ottawa, Ontario

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy decision.

Content Type(s): Press, Speeches and appearances, Opening statements

December 2, 2024

Bank of Canada publishes applicants’ list of retail payment service providers

Media Relations Ottawa, Ontario

The Bank of Canada today published the list of companies that have applied to be registered under the Retail Payment Activities Act (RPAA).

Content Type(s): Press, Press releases Topic(s): Retail payments supervision

CAD

Corporate governance

Careers

Featured

Retail payments supervision

Climate change and the Bank of Canada

Committees

Canada Mortgage Bonds

Research and reports

Our next $20 bank note

Economic survey results

Monetary Policy Report—October 2024

People

Info

Speech: Greater Vancouver Board of Trade

Staff economic projections

Our next $5 bank note

Webcast on December 16

Webcast on December 11

Reconciliation Action Plan