The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.

Oct 23, 2024 · The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.

Oct 23, 2024 · 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 …

Apr 28, 2017 · View the daily average exchange rates. Published once each business day by 16:30 ET.

Aug 6, 2024 · The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed …

We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.

Jul 24, 2024 · The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of …

View, download data or use our lookup tool for our daily exchange rates. For exchange rates data prior to 2017, view our historical noon and closing rates.

Apr 28, 2017 · Find exchange rates, interest rates, price indexes, economic indicators and other statistical information.

Oct 23, 2024 · The Canadian dollar is assumed to remain at 73 cents US over the projection horizon, as in the July Report. The nominal neutral interest rate in Canada is estimated to be …