Bank of Canada
WEBThe 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. Our principal role, as defined in the Bank of Canada Act, is "to promote the …
Exchange rates - Bank of Canada
WEBApr 28, 2017 · Exchange rates. Find exchange rates, along with supporting data and background information. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions. For details, please read our full Terms and Conditions.
Currency Converter - Bank of Canada
WEBCurrency Converter. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions. For details, please read our full Terms and Conditions. Conversions are based on Bank of Canada exchange rates, which are published each business day …
Interest rates - Bank of Canada
WEBPolicy interest rate. The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.
Daily exchange rates - Bank of Canada
WEBDaily exchange rates. View, download data or use our lookup tool for our daily exchange rates. For exchange rates data prior to 2017, view our historical noon and closing rates. All Bank of Canada exchange rates are indicative rates only, obtained from averages of aggregated price quotes from financial institutions.
Policy interest rate - Bank of Canada
WEBJul 24, 2024 · Policy interest rate. The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year. For more information on the policy interest rate, see this explainer.
Statistics - Bank of Canada
WEBApr 28, 2017 · Banking and financial statistics. Search our compilation of banking and financial indicators, including the Bank of Canada’s assets and liabilities, credit and monetary aggregates, chartered banks data and selected financial market statistics.
News - Bank of Canada
WEBSep 24, 2024 · Remarks Tiff Macklem IIF-CBA Forum Toronto, Ontario. Governor Tiff Macklem discusses global uncertainty, and the Bank of Canada’s role in mitigating and managing risks to our economy. Content Type (s): Press, Speeches and appearances, Remarks Topic (s): Financial stability, Inflation and prices, Interest rates, International topics, Monetary ...
About us - Bank of Canada
WEBThe Bank of Canada is the nation's central bank. Our main role is “ to promote the economic and financial welfare of Canada,” as defined in the Bank of Canada Act. Our main areas of responsibility are: Monetary policy: We influence the supply of money circulating in the economy, using our monetary policy framework to keep inflation low and ...
Monetary policy - Bank of Canada
WEBDec 13, 2021 · The objective of monetary policy is to preserve the value of money by keeping inflation low, stable and predictable. This allows Canadians to make spending and investment decisions with more confidence, encourages longer-term investment in Canada's economy, and contributes to sustained job creation and greater productivity.