The project, which was endorsed by Treasurer Jim Chalmers, included travel for staff to visit Indigenous communities and encourage participation in a design competition for the new bank note.

Every five years, the Bank of Canada and the Government of Canada review and renew the agreement on Canada’s monetary policy framework. We’ve started the design process for the new $20 bank note ...

October 29, 2024 — Global commodity prices are set to tumble to a five-year low in 2025 amid an oil glut that is so large that it is likely to limit the price effects even of a wider conflict in the ...

Interest rates for Canadian five-year fixed mortgages dropped in response. The Bank of Canada influences interest rates The Bank of Canada also affects interest rates, mainly through changes in our ...