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Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of the Globe and Mail, which will be published online and in the newspaper.

Tiff Macklem, Governor of the Bank of Canada, gave an interview to La Presse’s Hélène Baril.

The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.

On Wednesday, March 12, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

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

To better understand how the trade conflict initiated by the US administration is affecting the economic decisions of Canadians, the Bank of Canada has enhanced its consultations with businesses and households.

This Appendix presents the text of selected questions asked as part of surveys that the Bank of Canada conducted during the first quarter of 2025, including the Business Leaders’ Pulse, the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

Why prices change, and what it means for the economy.

Can regulators keep pace with banks’ creative regulatory workarounds? Our analysis unpacks the trade-offs between fixed regulations and crisis-triggered rules, showing that the latter are especially prone to circumvention—and can trigger larger, costlier bailouts.