The Bank of Canada today increased its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is also continuing its policy of quantitative tightening.

The Bank of Canada Museum is inviting children to visit a new exhibition that is inspired by questions they have about money. Money in 10 Questions: Kids Edition is a play-based experience that helps ...

Sir Robert Borden, Canada’s eighth Prime Minister, led the country through a very difficult period–the First World War. Borden helped galvanize the country through a conflict the likes of which had ...

On 9 September 2015, Queen Elizabeth II became the longest-reigning sovereign in Canada’s modern era. In recognition of this historic milestone, the Bank issued a commemorative bank note that is a ...

We hire students who are still in school and recent graduates and soon-to-be graduates from a wide range of backgrounds. Our solid reputation and exceptional development programs make your ...

The Bank of Canada commodity price index (BCPI) is a chain Fisher price index of the spot or transaction prices in U.S. dollars of 26 commodities produced in Canada ...

As Canada’s Head of State, Her Majesty Queen Elizabeth II has been prominently featured on our bank notes throughout her reign. Her first appearance was actually as 8-year-old Princess Elizabeth, on ...

Canada’s commercial banking system consists of privately owned banks that have been chartered by Parliament or have received letters patent by order-in-council as provided for in the 1991 Bank Act.

We’re taking steps to better understand the impacts of climate change on the economy and to reduce our environmental footprint. Inflation in Canada remains high but should come down quickly to around ...

A financial market infrastructure (FMI) is a system that facilitates the clearing, settling or recording of payments, securities, derivatives or other financial transactions among participating ...

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

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.