July 17, 2025
How economic uncertainty disrupts investment
Business investment plays a pivotal role in economic growth.
Publications
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June 17, 2025
Summary of Governing Council deliberations: Fixed announcement date of June 4, 2025
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on June 4, 2025. -
June 13, 2025
Quarterly Financial Report - First Quarter 2025
Quarterly Financial Report - First Quarter 2025 - For the period ended March 31, 2025 -
June 13, 2025
Annual Report 2024
The Annual Report outlines the Bank’s activities and achievements in 2024. It includes the financial statements and a message from Governor Tiff Macklem. -
June 13, 2025
Bank of Canada Disclosure of Climate-Related Risks 2024
This report lays out elements of the Bank’s strategy related to climate change and details how the issue will be managed holistically across the organization, following the recommendations of the Financial Stability Board’s Task Force on Climate-related Financial Disclosures. -
May 8, 2025
Financial Stability Report—2025
Canada’s financial system is resilient. Overall, households, businesses, banks and non-bank financial intermediaries successfully weathered the pandemic, a period of elevated inflation, and sharp increases in interest rates. But the trade war currently threatens the Canadian economy and poses risks to financial stability. -
May 8, 2025
Financial System Survey highlights—2025
This article presents the key results from the 2025 Bank of Canada Financial System Survey, conducted between February 10 and 28. The survey included a special section on scenarios that could lead to a severe repricing in financial markets in the near term. -
April 30, 2025
Summary of Governing Council deliberations: Fixed announcement date of April 16, 2025
This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on April 16, 2025. -
April 28, 2025
Market Participants Survey—First Quarter of 2025
The Market Participants Survey results are based on questionnaire responses from about 30 financial market participants. -
April 16, 2025
Monetary Policy Report—April 2025
The Canadian economy ended 2024 in a strong position. However, the trade conflict and tariffs are expected to slow growth and add to price pressures. The outlook is very uncertain because of the unpredictability of US trade policy and the magnitude of its impact on the Canadian economy.