This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on December 10, 2025.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection.

Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring the stability of money in all its forms, from currency to digital payments. He also outlines how keeping inflation low and stable ...

Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring Canadians can trust their money in all its forms.

Good morning. I’m pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today’s monetary policy decision. Today, Governing Council maintained the policy interest rate at 2.25%. We ...

* Note: The BIS pays an attendance fee, quarterly remuneration and travelling expenses for the Governor in his capacity as Director.

The Business Outlook Survey was conducted by in-person, video and phone interviews from August 7 to September 3, 2025. The large majority of interviews were conducted before the announcement of the ...

Expand your understanding of spending and saving, discover your place in the economy and explore a world-class currency collection. Every five years, the Bank of Canada and the Government of Canada ...

Good afternoon. It’s great to be here in London at the Ivey Business School. I always enjoy having the opportunity to speak with future business leaders. And I think, in our increasingly complex world ...

Good afternoon. It’s a great pleasure to be here in Saskatoon, and I want to thank the Saskatchewan Trade and Export Partnership and the Greater Saskatoon Chamber of Commerce for the invitation.