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 ...
The Bank of Canada is the resolution authority for Canadian financial market infrastructures (FMIs) that have been designated by the Governor under the Payment Clearing and Settlement Act (PCSA). FMIs ...
We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint.
Good afternoon. It’s a great pleasure to be back in Vancouver for my final speech of 2024. I want to thank the Greater Vancouver Board of Trade for inviting me. I’m particularly looking forward to our ...
Looking back on the pandemic can help us prepare for the future. The shock to financial markets, the disruption to supply chains and the surge in inflation that followed were all unexpected. We ...
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 ...
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 rates by 50 basis points. This is our fifth ...
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 ...
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Monetary policy has worked to reduce price pressures in the Canadian economy. Inflation is now around 2% and is expected to remain near the middle of the Bank of Canada’s control range of 1% to 3% ...
Keeping inflation stable and predictable is a key part of the Bank of Canada’s work to support the Canadian economy. The main way the Bank does this is through changes to its policy interest rate.