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Bank of Canada

Governing CouncilON HOLD
Rate
2.25%
Target
2.0% (1-3% band)
Hawk/Dove
+0.097
Decision
consensus
Votes
Not published

Hawk/Dove Stance

DovishNeutralHawkish
Zoom:

Hawk/Dove History

Policy Rate × Hawk/Dove Overlay

Policy Rate (LHS)Hawk/Dove (RHS)

Recent Speeches

Tiff Macklem — Monetary Policy Report Press Conference Opening Statement
2026-07-15
+0.15
Tiff Macklem — Media Availability: France-Canada Chamber of commerce and Paris Europlace
2026-06-23
-0.25
Tiff Macklem — Tiff Macklem: Monetary Policy Decision
2026-06-16
+0.25
Tiff Macklem — Monetary Policy Decision Press Conference Opening Statement
2026-06-10
+0.15
Nicolas Vincent — Diagnosing change in the labour market
2026-05-26
+0.25
Nicolas Vincent — Canada’s labour market: between cycles and structural change
2026-05-26
-0.10
Michelle Alexopoulos — Productivity in the age of AI
2026-05-13
-0.25
Michelle Alexopoulos — AI is knocking: Canada’s next productivity story
2026-05-13
-0.05

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