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Bank of Canada

Governing CouncilON HOLD
Rate
2.25%
Target
2.0% (1-3% band)
Hawk/Dove
+0.165
Decision
consensus
Votes
Not published

Hawk/Dove Stance

DovishNeutralHawkish
Zoom:
Series:

Policy Rate History

Hawk/Dove History

Policy Rate × Hawk/Dove Overlay

Policy Rate (LHS)Hawk/Dove (RHS)

Recent Speeches

Tiff Macklem — Unveiling of Vertical $20 Bank Note
2026-09-03
0.00
Tiff Macklem — Monetary Policy Decision Press Conference Opening Statement
2026-09-02
+0.25
Carolyn Rogers — Press Conference: Policy Rate Announcement — September 2026
2026-09-02
0.00
Tiff Macklem — Tiff Macklem: Release of the Monetary Policy Report
2026-07-31
+0.25
Tiff Macklem — Monetary Policy Report Press Conference Opening Statement
2026-07-15
+0.15
Tiff Macklem — Tiff Macklem: Monetary Policy Decision
2026-06-16
+0.25
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
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