The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at ...

Today, the Bank of Canada is announcing its plan to complete its balance sheet normalization, ending quantitative tightening.

We analyze micro-level data from the Canadian Survey of Consumer Expectations through the lens of a ...

The Bank of Canada (The Bank) commenced operations in March 1935 under the terms of the Bank of Canada Act of 1934. Data for the month-end series (Bank of Canada assets and liabilities: Month-end ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.

Financial sector stakeholders generally wanted more concrete details about how a digital dollar would work so they could better understand the potential impacts on their business models and overall ...

Remarks will be published on the Bank’s website at 17:00 (ET).

This staff analytical note builds on Ens et al. (2021); Ens et al. (2022); and Ens, See and Luu (2023) to assess the health of the Canadian labour market. These earlier works established a more ...

Bank of Canada assets and liabilities: Month-end (formerly B1) was previously named Bank of Canada: Monthly series (B1). The Bank of Canada (The Bank) commenced operations in March 1935 under the ...

The COVID‑19 pandemic caused severe stress in fixed-income markets. In response, in April 2020, the Bank of Canada launched the Government of Canada (GoC) bond purchase program. Initially, the program ...

Recent policy changes are having a clear impact on the mortgage market. The number of new highly indebted borrowers has fallen, and overall mortgage activity has slowed significantly. Tighter policies ...

Results from the Business Outlook Survey and the Business Leaders’ Pulse show that overall business conditions remain subdued ...