Bank of Canada

Bank of Canada policy statements

Browse policy releases and exact comparisons with each preceding decision.

Release count: 13

No substantive policy shift as the recovery outlook improvesUnchanged

Interest Rate AnnouncementCompared with previous release

The Bank of Canada leaves its policy signal essentially unchanged.Unchanged

Interest Rate AnnouncementCompared with previous release

The Bank of Canada’s policy signal is substantively unchanged.Unchanged

Interest Rate AnnouncementCompared with previous release

The policy signal turned mixed as weaker growth met higher energy-driven inflation risk.Mixed

Interest Rate AnnouncementCompared with previous release

The policy signal was unchanged from the December release.Unchanged

Interest Rate AnnouncementCompared with previous release

The later release is hawkish relative to October.Hawkish

Interest Rate AnnouncementCompared with previous release

The Bank signaled a pause after another quarter-point cut.Hawkish

Interest Rate AnnouncementCompared with previous release

The Bank of Canada shifted dovishly by cutting its policy rate 25 basis points.Dovish

Interest Rate AnnouncementCompared with previous release

The Bank added a conditional path to a rate cut.Dovish

Interest Rate AnnouncementCompared with previous release

The Bank of Canada’s policy signal is substantively unchanged.Unchanged

Interest Rate AnnouncementCompared with previous release

A rate hold after the prior cut is a hawkish change.Hawkish

Interest Rate AnnouncementCompared with previous release

The Bank of Canada’s policy direction was unchanged despite another rate cut.Unchanged

Interest Rate AnnouncementCompared with previous release

Bank of Canada reduces policy rate by 25 basis points to 3%, announces end of quantitative tighteningArchive baseline

Interest Rate AnnouncementPolicy release