May 2, 2024 Annual Report 2023 The Annual Report outlines the Bank’s activities and achievements in 2023. It includes the financial statements and a message from Governor Tiff Macklem. Content Type(s): Publications, Annual Report
May 2, 2024 Bank of Canada Disclosure of Climate-Related Risks 2023 This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. Content Type(s): Publications, Disclosure of Climate-Related Risks
April 24, 2024 Summary of Governing Council deliberations: Fixed announcement date of April 10, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 10, 2024. Content Type(s): Publications, Summary of deliberations
April 22, 2024 Market Participants Survey—First Quarter of 2024 The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants. Content Type(s): Publications, Market Participants Survey
April 10, 2024 Monetary Policy Report – April 2024 Monetary policy is working to reduce inflationary pressures and inflation is coming down, although it will take more time to see if this progress proves durable. The Bank projects that inflation will stay around 3% into the second quarter of 2024, ease below 2.5% in the second half of the year and return to target in 2025. Content Type(s): Publications, Monetary Policy Report
April 1, 2024 Business Outlook Survey—First Quarter of 2024 Business sentiment and sales growth expectations have stopped falling, according to firms responding to the Business Outlook Survey and the Business Leaders’ Pulse. But demand remains subdued, which is allowing price pressures and the labour market to ease. As a result, fewer firms than in the previous survey are planning unusually large or frequent price increases over the next 12 months. Content Type(s): Publications, Business Outlook Survey
April 1, 2024 Canadian Survey of Consumer Expectations—First Quarter of 2024 Consumers believe inflation has slowed, but expectations for inflation in the near term have barely changed. Sticky inflation expectations may be due to elevated uncertainty about near-term inflation and still-high expectations for interest rates and rent costs over the next 12 months. Long-term inflation expectations have increased from low levels. Relative to last quarter, consumers now think domestic factors supporting high inflation, such as high government spending and elevated housing costs, will take longer to resolve. High inflation and high interest rates continue to impact household budgets and spending decisions, but consumers are less pessimistic about the economic outlook. After easing for several quarters, perceptions of the labour market have stabilized, and high inflation expectations continue to support stronger-than-average expectations for wage growth. Content Type(s): Publications, Canadian Survey of Consumer Expectations
March 20, 2024 Summary of Governing Council deliberations: Fixed announcement date of March 6, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on March 6, 2024. Content Type(s): Publications, Summary of deliberations
February 7, 2024 Summary of Governing Council deliberations: Fixed announcement date of January 24, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 24, 2024. Content Type(s): Publications, Summary of deliberations
February 5, 2024 Market Participants Survey—Fourth Quarter of 2023 The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants. Content Type(s): Publications, Market Participants Survey