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This document outlines the Bank of Canada's new system for announcing changes to the official interest rate using fixed dates, enhancing monetary policy communication and reducing uncertainty in financial
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How to fill out Bank of Canada Announcement

01
Visit the Bank of Canada website to access the Announcement form.
02
Fill in your personal or business information as required.
03
Provide details regarding the financial information you intend to announce.
04
Include relevant data such as interest rates, monetary policy updates, or other economic indicators.
05
Review all entries for accuracy and completeness.
06
Submit the completed Announcement form as instructed on the website.

Who needs Bank of Canada Announcement?

01
Businesses and financial institutions looking to understand the economic climate.
02
Investors needing insights into monetary policy changes.
03
Economists and researchers conducting economic analysis.
04
Media outlets reporting on financial news and government announcements.
05
The general public seeking information on national financial policies.
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People Also Ask about

The Bank of Canada today maintained its target for the overnight rate at 2.75%, with the Bank Rate at 3% and the deposit rate at 2.70%.
The Bank of Canada's next interest rate decision and announcement is due on Wednesday, July 30, 2025 at 13:45 UTC. The Bank of Canada (BoC) announces its "key" interest rate (the overnight rate) and any decisions related to its monetary policy on eight fixed dates per year.
Recent market-based forecasts expect the BoC rate to remain at 2.75% into early 2026, edging down to 2.50% by end‑2026, and then holding at 2.50% through at least 2027.
The Bank of Canada is holding its policy rate steady at 2.75%.
​The Federal Reserve's next interest rate decision is scheduled for July 30th, 2025, at 2:00 PM Eastern Time (ET), which corresponds to 6:00 PM Coordinated Universal Time (UTC).
TLDR. The Bank of Canada is holding its policy rate steady at 2.75%.
The rate announcement press release will be available at 09:45 (ET) on the Bank's website. At 10:30 (ET) Tiff Macklem, Governor of the Bank of Canada, and Carolyn Rogers, Senior Deputy Governor, will hold a press conference in the Bank of Canada's auditorium.
Bank of Canada's historical interest rate changes from 2021 to 2025 DateTarget (%)Change (%) January 29, 2025 3.00 -0.25 December 11, 2024 3.25 -0.50 October 23, 2024 3.75 -0.50 September 4, 2024 4.00 -0.2525 more rows • Jun 4, 2025

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The Bank of Canada Announcement refers to the monthly statements released by the Bank of Canada regarding monetary policy decisions, interest rates, and economic outlook.
Financial institutions and debtors with obligations linked to the Bank of Canada's monetary policy may be required to file the announcement as part of their reporting and compliance requirements.
To fill out the Bank of Canada Announcement, individuals or institutions need to provide specific financial and operational details as outlined by the Bank, typically done through official reporting forms or online submissions.
The purpose of the Bank of Canada Announcement is to communicate monetary policy decisions, assess economic conditions, and provide guidance to stakeholders regarding the future direction of the Canadian economy.
The information that must be reported includes current interest rates, policy changes, economic indicators, and any assessments relevant to the financial and economic landscape in Canada.
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