Bank of Canada

Bank of Canada

@bankofcanada.ca

The official account of Canada’s central bank. Promoting your economic and financial welfare. Working to keep inflation low. Terms: https://bit.ly/42UsUGk | En français: @banqueducanada.ca

2.7K followers17 following510 posts

Are you settling someone’s estate? Check if there is an unclaimed bank balance held at the Bank of Canada. Executors and legal representatives may be able to claim it through the Unclaimed Properties Office official process. Search the database to get started. Learn more: https://bit.ly/48egoW5

🎓 Recently completed or currently pursuing a PhD in economics? Put your skills into practice at the Bank of Canada. Conduct rigorous research, grow your network and contribute to important policy work. Learn more and apply by November 20: https://bit.ly/3VToiBz

📊 JUST IN: Our latest Consumer Expectations Survey shows Canadians reported stronger financial health in Q3. But higher inflation expectations, trade uncertainty and elevated prices continue to weigh on confidence and spending plans. Full results: https://bit.ly/4i5iGeL #cdnecon

📊 JUST IN: The latest Business Outlook Survey shows sentiment and sales outlooks improved in Q3, before Canada-US trade talks broke down. Since then, tariffs and trade tensions have weighed on hiring, costs, prices and investment plans. Full results: https://bit.ly/4en6ULJ #cdnecon

Pop quiz! What's the most important number at the Bank of Canada? Hint: It's not 1. It's not 10. It's 2! Over the next six weeks, we'll explain why 2% matters and what a central bank actually does. #ItTakesTwo #economy #cdnecon #FinancialLiteracy

Changing demographics = big changes for the economy. Fewer immigrants are coming to Canada, and our population is aging. Check out The Economy, Plain and Simple to learn how these changes could affect how much the economy can produce and how people spend their money. https://bit.ly/3VAkBAx

When the US imposed tariffs on Canadian goods, it was a jarring shift for the economy. Some sectors were hit hard, but businesses are adapting. Check out The Economy, Plain and Simple to learn how the Bank helps businesses adjust to the changing terms of trade. https://bit.ly/4rRdgZi

Everyone agrees we need to build more housing. What’s so hard about doing it? Building housing takes a lot of money and a lot of time. The Bank’s role is to keep inflation around 2%, so people and businesses can confidently plan for the long term. 👉 https://bit.ly/3VzmzRB #cdnecon #economy  

ICYMI: In her latest speech, Senior Deputy Governor Rogers discusses housing affordability in Canada. This problem is not the result of one decision, one policy or one institution. It reflects years of choices and constraints across governments, regulators and lenders. https://bit.ly/4iZjKmC

Senior Deputy Governor Rogers discusses housing affordability. This challenge has no easy solution, but a policy mix that improves supply, protects resilience and reduces the economy’s dependence on rising house prices could help make housing more affordable in Canada. https://bit.ly/4AIrGil

Today, DG Gravelle spoke at the Bloomberg Canadian Finance Conference in New York about how the Bank of Canada is supporting resilience in repurchase agreement (repo) markets, and how these markets figure into how we implement monetary policy. Read his remarks: https://bit.ly/3Vh6DDv

AI’s got no shortage of stans, but does it really live up to the hype? We still don’t know what its effect on living standards or jobs will be. Check out The AI transformation to learn how this revolutionary tech is reshaping the Canadian economy. https://bit.ly/4z2XSvm

ICYMI: The Canadian economy is being reshaped by trade tensions, rapid advances in artificial intelligence, and demographic changes. Governor Macklem discusses how these developments are affecting the outlook for growth and inflation. https://bit.ly/4xCPHVk

We’re proud to produce Canada’s bank notes. A group from the Bank took part in the 2026 #TerryFoxRun. Like many Canadians, we’re excited that Terry Fox will be on the next $5 bill. Canadians will get their first look at the new $5 note sometime in 2028. #TerryFox #FinishIt #vertical20 #currency

In his latest speech, Governor Macklem discusses the profound economic adjustment Canada is facing as our economy is reshaped by structural changes. But there is growing evidence that businesses and households are adapting, and the economy is stronger as a result. For more: https://bit.ly/4xCPHVk

Looking for a Winter 2027 job as a post-secondary student? 🪙🎒 Our winter term student opportunities are now open on our website. Join our team and develop your professional skills at the forefront of Canada’s economy! 🔗Apply now: https://bit.ly/4gX06VN #JobOpportunities #StudentJobs

With the ongoing conflict in the Middle East, and new US tariffs and trade uncertainty, Governing Council maintained the policy interest rate at 2.25%. We will continue to assess the economic outlook, and we are prepared to adjust monetary policy as needed. Read more: https://bit.ly/4gwL8qv

Explore these 4 helpful resources available on our site:  💲 Currency converter   💱 Exchange rates   📈 Inflation calculator   💰 Investment calculator   Visit our website to give them a try: https://bit.ly/4ggp7uI #KnowYourEconomy #cdnecon #economy #finance #FinancialTools