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• [About The Bank ][4]

[About the Bank][4]

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* [Board of Directors][12]
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* [Governance Documents][14]

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* [Explainers][16]
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[ ![Careers][18] ][19]

[Careers][19]

Take a central role at the Bank of Canada with our current opportunities and scholarships.

• [Core Functions ][20]

[Core Functions][20]

* [Monetary Policy][21]
* [Financial System][22]
* [Currency][23]
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* [Key Interest Rate: Target for the Overnight Rate][25]
* [Unclaimed Balances][26]

[ ![Toward 2021][27] ][28]

[Toward 2021][28]

Reviewing the Monetary Policy Framework.

[ ![Financial System Hub][29] ][30]

[Financial System Hub][30]

Promoting a stable and efficient financial system.

• [Markets ][31]

[Markets][31]

* [About Financial Markets][32]
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* [Data][44]
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[ Market Notices ][46]

* February 22, 2021 [Operational details for upcoming secondary market purchases of Government of Canada securities (March 1-12)][47]
* February 9, 2021 [CARR welcomes issuance of first compounded in arrears CORRA floating rate note][48]

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• [Bank Notes ][49]

[Bank Notes][49]

* [Bank Notes Past and Present][50]
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* [Multimedia][53]
* [Principles of Design][54]
* [Research and Reports][55]
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[ ![The next bank NOTE-able Canadian][57] ][58]

[The next bank NOTE-able Canadian][58]

See the short list of portrait candidates for the next $5 bank note.

[ ![Upcoming changes to legal tender status for older bank notes][59] ][60]

[About legal tender][60]

Find out what “legal tender” means, why legal tender status changes, and how to redeem older bank notes.

• [Publications ][61]

[Publications][61]

* [Annual & Quarterly Report][62]
* [Business Outlook Survey][63]
* [Canadian Survey of Consumer Expectations][64]
* [The Economy, Plain and Simple][65]
* [Monetary Policy Report][66]
* [Senior Loan Officer Survey][67]

[Browse Publications][68]

Browse and filter Bank of Canada publications by author, JEL code, topic and content type.

[Financial System Hub][30]

* [Financial System Review][69]
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* [Financial System Research Centre][71]

Historical Publications

* [Bank of Canada Review][72]
* [Books and Monographs][73]
* [Summary of Government of Canada Direct Securities and Loans][74]

[ ![Monetary Policy Report – January][75] ][76]

[Monetary Policy Report - January 2021][76]

While a second wave of COVID-19 is hurting Canadians now, the economy should rebound strongly later in the year. The Bank is forecasting growth of around 4 percent this year and close to 5 percent in 2022.

• [Research ][77]

[Research][77]

* [Browse Research][78]
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[Awards][85]

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[Collaboration][90]

* [Financial System Research Centre][71]
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* [Conferences, Seminars and Workshops][92]
* [PIVOT Program][93]

[ ![Digital Currencies and Fintech][94] ][95]

[Digital Currencies and Fintech][95]

Understanding digital currencies and related financial technologies is an important part of our research agenda.

• [Press ][96]

[Press][96]

* [Announcements][97]
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Info

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* [Principles for External Communication][107]

[ ![][108] ![][109] ][110]

[Edmonton Chamber of Commerce and the Calgary Chamber of Commerce -

Speech (Webcasts)][110]

Labour market impacts of COVID and sectoral implications - Tiff Macklem, Governor of the Bank of Canada, speaks by videoconference before the Edmonton Chamber of Commerce and the Calgary Chamber of Commerce. (12:30 (ET) approx.)

• [Statistics ][111]

[Statistics][111]

* [Daily Digest][112]
* [Exchange Rates][113]
* [Interest Rates][114]
* [Price Indexes][115]
* [Indicators][116]
* [Banking and Financial Statistics][117]

[Related Information][118]

* [Inflation Calculator][119]
* [Investment Calculator][120]
* [Official International Reserves][121]
* [Credit Conditions][122]

[Staff Economic Projections][123]

These forecasts are provided to Governing Council in preparation for monetary policy decisions. They are released once a year with a five- year lag.

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• [Home][124]
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Strengthening our Foundation Together: Diversity and Inclusion

Strategy

The Bank of Canada has long recognized that the inclusion of diverse identities and ideas fosters innovative thinking and better policy outcomes for Canadians. It’s also the right thing to do. The four overarching goals in this strategy will help cement that foundation at the Bank of Canada.

Read the [strategy document][127], or hear more from Governor Tiff Macklem.

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About

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