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 ...

As is customary, Tiff Macklem, Governor of the Bank of Canada, held today a virtual roundtable with journalists from the sidelines of the IMF meetings in Washington, DC.

The Governor’s opening statement will be published on the Bank’s website at 16:15 (ET).

This supervisory policy outlines the retail payment activity metrics that payment service providers must report as part of the annual reporting form. This section provides general guidance applicable ...

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

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

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 ...

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 ...

As the central bank and sole issuer of bank notes in Canada, the Bank of Canada needs to stay on top of payment trends. Every four years, we reach out to Canadians to ask them how they pay for things.

How often does the cashier just hand over the debit machine when you pay for your morning coffee? Some even seem surprised if you give them cash. Last year in Canada, people used cash for only 1 in 3 ...

Over the years, the Bank of Canada has adjusted the way it sets its key interest rate. Following is a brief history of the key rate from the Bank’s founding in 1935 until the present. The original key ...

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