Speaking after the decision to maintain the policy interest rate at 2.75%, Deputy Governor Sharon Kozicki of the Bank of Canada emphasized the importance of using diverse data sources and engaging with Canadians to make informed economic decisions.
In April 2025, the Governing Council of the Bank of Canada, consisting of Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Nicolas Vincent, Rhys Mendes, and Michelle Alexopoulos, released its Monetary Policy Report.
The Bank of Canada's Business Outlook Survey results for the first quarter of 2025 reveal a decline in business sentiment amid uncertainty, primarily due to shifting US trade policies.
The Canadian Survey of Consumer Expectations for the first quarter of 2025 indicates growing unease among Canadian consumers amid an escalating trade conflict with the United States.
The Bank of Canada has intensified its consultations with businesses and households to understand the effects of the US-initiated trade conflict on Canadian economic decisions.
The Bank of Canada has issued a warning to the public about an increasing number of investment scams and deceptive articles circulating on social media that falsely mention the Bank.
The University of Ottawa has emerged as the winner of the tenth annual Governor’s Challenge, a national student competition organized by the Bank of Canada.