We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks. We’re taking steps to better understand the impacts of ...

The Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2024 semi-annual survey of foreign ...

The Board of Directors of the Bank of Canada today announced the appointment of Michelle Alexopoulos as an external Deputy ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint. We’ve started the design process for the new $20 bank note featuring His ...

In panel remarks, Governor Tiff Macklem highlights the challenges ahead and discusses the role of monetary policy in a world ...

Do you ever wonder why some things are way more expensive than they were when you were a kid? It’s a sign of something important in our economy—inflation. Inflation is a measure of how much prices for ...

The new US administration is considering sweeping tariffs on imports. While many important elements are unknown, these measures could be highly disruptive to the Canadian and US economies. US ...

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint. Economic growth has ticked up in Canada, boosted by past cuts in ...

Changes in domestic interest rates affect the value of the Canadian dollar less than changes in the risk premium do. These ...

The Department of Finance and the Bank of Canada, in its role as the Government of Canada’s fiscal agent, are announcing the ...

For most of 2021 and into early 2022, variable mortgage rates were substantially lower than fixed mortgage rates. As a result, many borrowers opted for a variable-rate mortgage. These types of ...

Learn about the economic impact of the COVID‑19 pandemic and the Bank’s actions to support the Canadian economy and financial system. The COVID‑19 pandemic represents a serious health threat to people ...