Monetary Policy

• Bank of Canada to share more of interest rate decision-making process in 2023

  The Bank of Canada will start giving Canadians a peek behind the curtain of its benchmark interest rate decisions in early 2023, following policy recommendations from the IMF.

  Economy

  Sep 28, 2022
  
• Bank of Canada keeps key rate at 0.25%, sees 7.8% GDP drop this year

  Canada's central bank said its forecasts could be thrown off significantly if there is a second wave of novel coronavirus pandemic.

  Money

  Jul 15, 2020
  
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• Too soon to tell how U.S. tariffs will affect Canadian economy: Bank of Canada official

  Central bank policymakers will have to watch how the data shape up in the coming months, a Bank of Canada official said on Thursday.

  Canada

  May 31, 2018
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• Bank of Canada hikes key interest rate to 0.75%; next increase could be in October

  The Bank of Canada has hiked its benchmark interest rate to 0.75 per cent from 0.5 per cent.

  Money

  Jul 12, 2017
• Despite higher inflation, Bank of Canada leaves rates untouched

  In justifying its decision, the bank hinted at uncertainty over U.S. policy

  Canada

  Mar 1, 2017
• Liberal government budget measures to be scrutinized in Bank of Canada report

  The Bank of Canada is delivering an eagerly awaited assessment today on the Canadian economy.

  Canada

  Apr 13, 2016
• What Canadians need to know about negative interest rates

  Negative rates are weird and highly experimental, experts say. But since Canada has said it could use them, it's important to understand what they are and why they're useful.

  Canada

  Dec 9, 2015
• BoC still trying to figure out low inflation

  A senior official says the Bank of Canada is still trying to figure out exactly why inflation has been on the decline since 2012.

  Money

  Feb 7, 2014