To measure inflation every month, Statistics Canada tracks the prices for a long list—what it calls a representative “basket”—of goods and services. The contents of the basket reflect how much ...

Interest Rate Announcement – Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn Rogers (10:30 (ET) ...

Before the Great Depression of the 1930s, the scattered and mainly rural population of Canada didn’t need a central bank. At that time, a small number of banks established branches in multiple ...

The portrait of Queen Elizabeth II is an engraving by Jorge Peral, Vice-President, Design and Master Engraver with Canadian Bank Note Company Limited. It is based on a photograph taken by Ian Jones, ...

The Canadian dollar has declined against the US dollar since October 2024, mostly due to rising uncertainty around trade policies. A widening differential in policy interest rates between the two ...

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks.

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks.

Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework. We aim to build confidence in the safety and reliability of ...

We aim to build confidence in the safety and reliability of payment service providers’ services while protecting end users from specific risks.

Checking bank notes protects everyone, so don’t be offended if a cashier carefully examines your bills. Routinely checking the security features of all notes – large and small – allows cashiers to ...

Economic growth has ticked up in Canada, boosted by past cuts in interest rates. In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%. But the threat of ...