October 26, 2022 Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. Content Type(s): Press, Press releases
September 28, 2022 Bank of Canada welcomes IMF report following transparency review Media Relations Ottawa, Ontario The Bank of Canada today welcomed the publication by the International Monetary Fund (IMF) of its final report summarizing its pilot review of the Bank’s transparency practices. Content Type(s): Press, Press releases
September 7, 2022 Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased 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
August 25, 2022 Bank of Canada launches process to appoint new non-executive Deputy Governor Media Relations Ottawa, Ontario Further to the announcement that Deputy Governor Timothy Lane will be retiring from the Bank on September 16, the Board of Directors of the Bank has initiated a recruitment process to fill the vacancy on Governing Council. Content Type(s): Press, Press releases
July 26, 2022 Bank of Canada publishes 2023 schedule for interest rate announcements Media Relations Ottawa, Ontario The Bank of Canada today published its 2023 schedule for the release of its policy interest rate decisions and quarterly Monetary Policy Report. Content Type(s): Press, Press releases
July 13, 2022 Bank of Canada increases policy interest rate by 100 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 2½%, with the Bank Rate at 2¾% and the deposit rate at 2½%. Content Type(s): Press, Press releases
June 22, 2022 Deputy Governor Timothy Lane to Retire from the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Timothy Lane will retire on September 16, 2022. Content Type(s): Press, Press releases
June 1, 2022 Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening Media Relations Ottawa, Ontario 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%. Content Type(s): Press, Press releases
April 26, 2022 The Bank of Canada Releases Its Annual Report for 2021 Media Relations Ottawa, Ontario 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. Content Type(s): Press, Press releases
April 13, 2022 Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening Media Relations Ottawa, Ontario 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%. Content Type(s): Press, Press releases