June 24, 2024
News
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June 19, 2024
Summary of Governing Council deliberations: Fixed announcement date of June 5, 2024
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 5, 2024. -
June 13, 2024
Reviewing our pandemic actions
Deputy Governor Sharon Kozicki talks about the importance of central bank transparency and accountability. She looks at the exceptional monetary policy measures the Bank of Canada used during the COVID-19 pandemic and analyzes their effectiveness. -
June 12, 2024
Central banking: Navigating in a new world
Governor Tiff Macklem looks back on the lessons learned from post-pandemic inflation and discusses the challenges ahead. -
June 5, 2024
Bank of Canada reduces policy rate by 25 basis points
The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization. -
June 5, 2024
Monetary Policy Decision Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision. -
May 30, 2024
Future-proofing our payments systems
Executive Director of Payments, Supervision and Oversight Ron Morrow talks about how payments have evolved in Canada and why it’s important to modernize our payment infrastructure. -
May 21, 2024
Bank of Canada Museum announces 2024 recipients of its Award for Excellence in Teaching Economics
The Bank of Canada Museum is honouring two outstanding educators for their exceptional work teaching students about the economy. -
May 9, 2024
Release of the Financial Stability Report
Press conference following the release of the Financial Stability Report. -
May 9, 2024
Financial Stability Report—2024
Canada’s financial system remains resilient. Over the past year, households, businesses, banks and non-bank financial institutions have continued to proactively adjust to higher interest rates. But this adjustment is not yet over and continues to present risks to financial stability. Key risks include those related to debt serviceability and asset valuations.