Bank of Canada
The Bank of Canada is the nation’s central bank. We are not a commercial bank and do not offer banking services to the public. Rather, we have responsibilities for Canada’s monetary policy, bank notes, financial system, and funds management.
Interest rates - Bank of Canada
View or download the latest data for CORRA, Canada’s risk-free rate. Yield curves for zero-coupon bonds Yields on zero-coupon bonds, generated using pricing data on Government of Canada bonds and treasury bills.
Official International Reserves - Bank of Canada
The weekly Reserves data will be posted on the Bank of Canada website on the first business day following the 8 th, 15 th and 23 rd day of each month. The monthly Reserves data will be posted on the Department of Finance website on the third business day following month-end.
About us - Bank of Canada
Currency: We design, issue and distribute Canada’s bank notes. Funds management: We are the “fiscal agent” for the Government of Canada, managing its public debt programs and foreign exchange reserves. Retail payments supervision: We supervise payment service providers, according to the Retail Payment Activities Act.
Monetary policy - Bank of Canada
Learn about the objective of Canada’s monetary policy and the main instruments used to implement it: the inflation-control target and the flexible exchange rate. See also how monetary policy works, how decisions are made and read related backgrounders.
Policy interest rate - Bank of Canada
Oct 23, 2024 · At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you.
Are We There Yet? The United States and Canada After the Global ...
Sep 24, 2014 · A formal difference between the Federal Reserve and the Bank of Canada is the Fed’s “dual mandate” to promote the goals of maximum employment and stable prices. This is in contrast to the Bank of Canada’s monetary policy framework: a target of 2 per cent inflation.
Upcoming events - Bank of Canada
3 days ago · On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision.
Financial Stability Report—2024 - Bank of Canada
Canada’s financial system remains resilient. Over the past year, households, businesses, banks and non-bank financial institutions have continued to proactively adjust to higher interest rates. But this adjustment is not yet over and continues to present risks to financial stability.
Financial system - Bank of Canada
Under the authority of Canada’s Payment Clearing and Settlement Act, the Bank conducts regulatory oversight for designated financial market infrastructures (FMIs) and acts as the resolution authority for domestic designated FMIs.