We assess both the US and Canadian nominal neutral rates to be in the range of 2.25% to 3.25%, unchanged from the range ...

Deputy Governor Sharon Kozicki talks about how the Bank of Canada is using non-traditional data to better inform its monetary ...

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate ...

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 ...

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. It’s a pleasure to be here in Alberta. I want to thank Calgary Economic Development for the invitation. The last time I spoke in Calgary was about 18 months ago—September 2023. The ...

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy ...

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 ...

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 ...

The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%. The Bank is continuing its policy of balance sheet normalization. The ...