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 ...

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, ...

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

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 ...

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

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 ...

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.

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 ...

Governor Tiff Macklem discusses how a trade conflict would affect the Canadian economy and monetary policy. He also outlines what the Bank of Canada is focusing on as it renews its monetary policy ...

How we are governed is written into law—the Bank of Canada Act defines how the Bank is structured and managed, and how it should operate. This ensures that all actions we take are in the best ...