Media Relations - Latest

• September 28, 2022

  Bank of Canada welcomes IMF report following transparency review

  Media Relations Ottawa, Ontario

  The Bank of Canada today welcomed the publication by the International Monetary Fund (IMF) of its final report summarizing its pilot review of the Bank’s transparency practices.

  Content Type(s): Press, Press releases
• September 7, 2022

  Bank of Canada increases policy interest rate by 75 basis points, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.

  Content Type(s): Press, Press releases