Bank of Canada recognizes RCMP constable with award for counterfeit deterrence
The Bank of Canada is pleased to announce the recipient of its 2026 Law Enforcement Award of Excellence for Counterfeit Deterrence.
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Bank of Canada response to Canadian Labour Congress President
Yesterday, Bank of Canada Governor Tiff Macklem wrote the following response to a published statement and letter from Bea Bruske, President of the Canadian Labour Congress, regarding the ongoing labour dispute involving the Bank and the union representing its Security Officers.
G7 2026 Cross-Border Coordination Exercise (CBCE)
The G7 Cyber Expert Group (CEG) successfully concluded its 2026 Cross-border coordination exercise (CBCE) on May 18, 2026. This exercise demonstrates the Group’s ongoing commitment to strengthening cyber resilience across the G7 financial sector.
Summary of Governing Council deliberations: Fixed announcement date of July 15, 2026
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 15, 2026.
Market Participants Survey—Second Quarter of 2026
The Market Participants Survey results are based on questionnaire responses from about 26 financial market participants.
Bank of Canada publishes its 2027 schedule for policy interest rate announcements and other major publications
The Bank of Canada today published its 2027 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.
Bank of Canada maintains the policy rate at 2¼%
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
Monetary Policy Report—July 2026
Canada’s economy has been weak but is showing signs of improvement. Growth is expected to pick up, and inflation is projected to ease to around 2%. Uncertainty remains elevated.
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.
Business Outlook Survey—Second Quarter of 2026
Results from the Business Outlook Survey and the Business Leaders’ Pulse indicate that firms’ sentiment has deteriorated. Domestic sales outlooks have weakened amid heightened geopolitical uncertainty and elevated costs related to fuel, while export outlooks have improved because of stronger demand for commodities. Investment intentions remain solid, but fewer firms plan to add staff. More firms…