We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
We are Canada's central bank. We work to preserve the value of money by keeping inflation low and stable.
23 January 2013
The Bank is one of Canada's top 100 employers.
Discover Canada’s new polymer notes.
A description of the Bank and its work, recently updated..
The Bank of Canada warns of email scams.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Following an estimated 1.9 per cent in 2012, the Canadian economy is expected to grow by 2.0 per cent in 2013 and 2.7 per cent in 2014, and to reach full capacity in the second half of 2014, later than anticipated in the October Report.
The survey results indicate that there was virtually no change in overall business-lending conditions during the fourth quarter of 2012, following several consecutive quarters of easing in credit conditions.