Daily News

Comments by deputy governor likely to reinforce expectations the central bank is considering raising interest rates soon The Bank of Canada is worried that global supply chain disruptions stoking inflation could last longer than expected, according...

The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank’s extraordinary f...

Kevin Carmichael: Further evidence that the economy is on track to complete the comeback by early next year Canadian employers added 154,000 jobs in November and the jobless rate plunged to six per cent, further evidence the economy is on track to...

On November 29 and 30, the Bank of Canada, in partnership with the Tulo Centre of Indigenous Economics and Te Pūtea Matua (Reserve Bank of New Zealand), hosted the i...

Kevin Carmichael: Strong showing in third quarter puts economy on good footing for challenges ahead Canada’s economy grew at an annual rate of 5.4 per cent in the third quarter, a strong showing that should keep the Bank of Canada on track to raise...

Introduction Hello and welcome. I want to extend my deepest thanks to Elder Commanda for offering her blessing to launch this important event. I h...

As part of a panel of central bankers at the Symposium on Indigenous Economies, Deputy Governor Lawrence Schembri speaks about economic reconciliation and why it is “completely consistent...

But says Liberal government policies should help address the issue OTTAWA — Prime Minister Justin Trudeau said on Wednesday he is “extremely concerned” by increases in the cost of living caused by high inflation, adding that Liberal government poli...

OTTAWA, ONTARIO — The Bank of Canada has announced the five finalist teams in the 2021–22 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to t...

Deputy Governor Paul Beaudry speaks about the strength and resilience of the financial system throughout the COVID‑19 pandemic and economic recovery. He also outline...