The Bank of Canada today reduced its target for the overnight rate to 2.75%, with the Bank Rate at 3% and the deposit rate at ...

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the monetary policy ...

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 ...

Over the years, the Bank of Canada has adjusted the way it sets its key interest rate. Following is a brief history of the key rate from the Bank’s founding in 1935 until the present. The original key ...

In 2014, the Bank of Canada reviewed the process it used to select, develop and design the visual content for the Frontiers series bank notes. This work resulted in the development of set of ...

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 ...

Evan W. Siddall 2011 – 2013 Fort Reliance Co. / Irving Oil Ltd.

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 Bank of Canada (the “Bank”), as issuer of Canadian bank notes, offers a service for the redemption, in appropriate cases, of claims for Canadian bank notes that have become contaminated or ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

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 ...

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, ...