Bank of Canada

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Bank of Canada (BoC)
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Current Rate: 0.25%
Last Change: Mar 26, 2020 (-50bp) | Next Meeting: Oct 27, 2020

About Bank of Canada

The Bank of Canada (in French: Banque du Canada) is Canada’s central bank. It was created by the Bank of Canada Act of 1934, to “promote the economic and financial well-being of Canada.” It is the sole issuer of banknotes in Canada, and the central bank for the Canadian dollar. The bank’s headquarters are located in the Bank of Canada Building at the corner of Wellington and Bank Streets in downtown Ottawa.

Governor: Tiff Macklem

Highest Lowest
16% – Feb 1991 0.25% – May 2010

Latest Bank of Canada

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