Investments drive economic activity, which benefits both companies and workers. New equipment can make a business more ...

We update an assessment of potential changes in payments that mortgage holders could face at renewal in 2025 and 2026. We use ...

Governor Tiff Macklem discusses how the trade conflict with the United States has affected the Canadian economy. He explains that restoring open trade is critical for jobs and growth, and important ...

Deputy Governor Sharon Kozicki talks about how the Bank of Canada is using non-traditional data to better inform its monetary policy decisions.

Business conditions have deteriorated due to the trade conflict with the United States, according to results from the Business Outlook Survey and the Business Leaders’ Pulse. Sales outlooks have ...

Overall, results of the first-quarter 2025 survey show that the escalating trade conflict with the United States is damaging consumer sentiment. Confidence in the labour market has weakened ...

What uncertainty means for monetary policy Let me now turn to how the Bank of Canada is navigating tariff uncertainty. At the most fundamental level, we are anchored by our monetary policy ...

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 2.70%.

What structural change looks like The economic consequences of a protracted trade conflict would be severe. But it would be a very different shock than the COVID‑19 shock. In the pandemic, we had a ...

Results from the Business Outlook Survey and the Business Leaders’ Pulse show that overall business conditions remain subdued, but firms are beginning to anticipate improvements in activity. Sales ...

Deputy Governor Toni Gravelle provides an update on when quantitative tightening will end and how the Bank of Canada will manage its balance sheet after that.