June 22, 2022
Deputy Governor Timothy Lane to Retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Timothy Lane will retire on September 16, 2022.
Media Relations - Latest
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June 1, 2022
Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. -
April 26, 2022
The Bank of Canada Releases Its Annual Report for 2021
The Bank of Canada’s Annual Report for 2021 was tabled in the House of Commons today. The Report is now available on the Bank’s website. -
April 13, 2022
Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening
The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. -
March 23, 2022
Bank of Canada to chair the Central Bank Network for Indigenous Inclusion in 2022
The Bank of Canada announced today it has officially begun a one-year term as chair of the Central Bank Network for Indigenous Inclusion (CBNII). -
March 16, 2022
Bank of Canada and Massachusetts Institute of Technology announce joint Central Bank Digital Currency collaboration
The Bank of Canada and the Massachusetts Institute of Technology (MIT) today announced an agreement to collaborate on a twelve-month research project on Central Bank Digital Currency (CBDC). -
March 2, 2022
Bank of Canada increases policy interest rate
The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. -
February 22, 2022
Bank of Canada announces 2021-2022 scholarship recipients
The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group. -
February 18, 2022
Deputy Governor Lawrence Schembri to Retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022. -
January 26, 2022
Bank of Canada maintains policy rate, removes exceptional forward guidance
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %.