June 9, 2022
News
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June 2, 2022
Navigating high inflation
On June 1, the Bank of Canada decided to increase its policy interest rate by half a percentage point. Speaking the next day, Deputy Governor Paul Beaudry explains why inflation has been higher than expected and what we are doing to get it back to our 2% target. -
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%. -
May 12, 2022
How commodity prices affect our economy
Deputy Governor Toni Gravelle talks about the spike in commodity prices over the past two years, the impact on inflation and how the Bank of Canada is responding. -
May 5, 2022
Supporting Indigenous prosperity
In his final speech before retiring from the Bank of Canada, Deputy Governor Lawrence Schembri talks about the Bank’s contribution to advancing economic inclusion and opportunity for Indigenous peoples. -
May 3, 2022
Earning the trust of Canadians
In her first speech with the Bank of Canada, Senior Deputy Governor Carolyn Rogers talks about how independence and accountability help the Bank build and maintain trust. -
April 29, 2022
The Bank of Canada Museum is reopening
The Bank of Canada Museum will reopen on May 12, 2022, after being closed for the past two years due to the COVID-19 pandemic. -
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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. -