The Canadian economy ended 2024 in a strong position. However, the trade conflict and tariffs are expected to slow growth and add to price pressures. The outlook is very uncertain because of the ...

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The Bank of Canada Museum is proud to announce the recipients of its 2025 Award for Excellence in Teaching Economics.

The Business Outlook Survey was conducted by in-person, video and phone interviews from February 6 to 26, 2025. The Business Leaders’ Pulse is conducted online every month; the latest results are from ...

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss our policy decision. Today, we lowered the policy interest rate by 25 basis points, bringing it to 2.75%. The ...

The Business Outlook Survey was conducted by in-person, video and phone interviews from November 7 to 27, 2024. The Business Leaders’ Pulse is conducted online every month; the latest results are from ...

Results of the fourth quarter 2024 survey show that consumers perceived an improvement in their financial health relative to the previous quarter, mainly due to recent interest rate cuts and consumers ...

Good afternoon. Thank you, Tanya, for the kind introduction. And thank you to VersaFi for hosting this event. The Bank of Canada’s balance sheet has been larger than normal for a few years now. That’s ...

I’m glad to have the opportunity to speak with you today. Back in 2019, I spoke to the Economic Club of Canada about mortgages in my previous role as a bank regulator. Five years later I’m back, ...

The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%. The Bank is continuing its policy of balance sheet normalization. The ...

The last time a Bank of Canada governor spoke to the Canada-UK Chamber of Commerce it was 2018. My predecessor, Stephen Poloz, spoke to you about low global interest rates, the steady reduction of ...

The Business Outlook Survey was conducted by in-person, video and phone interviews from May 9 to 29, 2024. The Business Leaders’ Pulse is conducted online every month; this report presents results ...