April 26, 2023 Summary of Governing Council deliberations: Fixed announcement date of April 12, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 12, 2023. Content Type(s): Publications, Summary of deliberations
April 24, 2023 Annual Report 2022 The Annual Report outlines the Bank’s activities and achievements in 2022. It includes the financial statements and a message from Governor Tiff Macklem. Content Type(s): Publications, Annual Report
April 24, 2023 Bank of Canada Disclosure of Climate-Related Risks 2022 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, 2023 Market Participants Survey—First 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
April 12, 2023 Monetary Policy Report – April 2023 Inflation in Canada remains high but should come down quickly to around 3% in the middle of this year because of lower energy prices, improved supply chains and restrictive monetary policy. The Bank projects that inflation will reach the 2% target by the end of 2024. Content Type(s): Publications, Monetary Policy Report
April 3, 2023 Business Outlook Survey—First Quarter of 2023 Results from the first-quarter 2023 Business Outlook Survey and the Business Leaders’ Pulse surveys from January through March 2023 show a subdued sales outlook and plans for modest growth in capital expenditures. The labour market remains tight, but pressures have eased from high levels. Content Type(s): Publications, Business Outlook Survey
April 3, 2023 Canadian Survey of Consumer Expectations—First Quarter of 2023 Results in the first quarter of 2023 show that consumer expectations for inflation one to two years ahead fell but remain elevated, particularly for services. Consumers, especially indebted households and equity-deserving groups, are facing financial pressures and limits on their spending due to high inflation and increasing interest rates. Consumers expect to spend less on discretionary services, such as travelling and eating out. Canadians continue to anticipate a recession in the next 12 months. Many are uncertain about where the economy and job markets are going. Despite this, workers still see the labour market as strong and expect wage growth to increase. Content Type(s): Publications, Canadian Survey of Consumer Expectations
March 22, 2023 Summary of Governing Council deliberations: Fixed announcement date of March 8, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on March 8, 2023. Content Type(s): Publications, Summary of deliberations
February 8, 2023 Summary of Governing Council deliberations: Fixed announcement date of January 25, 2023 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on January 25, 2023. Content Type(s): Publications, Summary of deliberations
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. Content Type(s): Publications, Market Participants Survey