The Bank of Canada is the nation’s central bank. We are not a commercial bank and do not offer banking services to the public. Rather, we have responsibilities for Canada’s monetary policy, bank notes, financial system, and funds management. Our principal role, as defined in the Bank of Canada Act, is "to promote the economic and financial welfare of Canada."

Apr 28, 2017 · Download our historical CERI data. These rates were last updated in January 2018, and will not be updated in future. The Canadian-Dollar Effective Exchange Rate index (CERI) was replaced by the Canadian Effective Exchange …

A stable and efficient financial system is essential for sustaining economic growth and raising standards of living. In the Financial Stability Report, the Bank of Canada assesses the resilience of the Canadian financial system and identifies key risks that could undermine its stability.. This year, the Bank renamed its annual assessment of the …

Oct 23, 2024 · The evolution of economic growth over the projection reflects the net impact of two forces: Population growth is assumed to decline from about 2½% in the second half of 2024 to an average quarterly growth of 1½% over the rest of the projection.

Footnotes * See details on the key inputs to the projection.Numbers in parentheses are from the projection in the previous Report.[]† Core inflation is the average of CPI-trim and CPI-median.[]‡ Over the projection horizon, 2024Q2 and 2024Q3 are the only quarters for which some information about real GDP growth was available at the time the projection was conducted.

About this calculator. Data available as: CSV, JSON and XML This calculator uses monthly consumer price index (CPI) data from 1914 to the present to show changes in the cost of a fixed "basket" of consumer purchases. These include: food; shelter; furniture; clothing; transportation; recreation; An increase in this cost is called inflation.

View or download the latest data for CORRA, Canada’s risk-free rate and the CORRA Compounded Index.. CORRA measures the cost of overnight general collateral funding in Canadian dollars using Government of Canada treasury bills and bonds as collateral for repurchase transactions.

We've been exploring a digital form of the Canadian dollar, also known as a central bank digital currency (CBDC), to be ready in case it is needed in the future. Find out about the research we completed and about what we're focused on as the payments landscape evolves.

Economic growth has ticked up in Canada, boosted by past cuts in interest rates. In the absence of new tariffs, growth is forecast to strengthen, and inflation remains close to 2%.

Supervision roles . Our Supervision Department is responsible for supervising entities that allow financial transactions to take place. Roles on our teams that supervise clearing and settlement systems and retail payments focus on ensuring these entities are well managed. This work contributes to the safety and efficiency of the financial …