Federal economy & bank of canada
Choose a specific reviewed route below. Requirements depend on the service and location; these guides link to the current instructions from the issuing authority.
Bank of Canada interest rate
The Bank of Canada’s policy rate is the target for overnight borrowing, not the rate a lender promises on a mortgage. Ask for the latest available observation in chat, or open the Bank’s policy-rate page for decisions and the announcement schedule.
Read the guideCanadian dollar exchange rates
Use the Bank of Canada’s daily exchange rates for a dated reference value. These are daily averages expressed in Canadian dollars per unit of foreign currency. They are not a live trading quote or the amount your bank will offer.
Read the guideInflation and the cost of living
The Consumer Price Index tracks changes in consumer prices. For the headline figure, read Statistics Canada’s reference month and comparison basis together. An annual inflation rate is not the same as the change since last month, and national inflation does not describe every household’s costs.
Read the guideJobs and unemployment data
Statistics Canada’s unemployment indicator links to the Labour Force Survey release. Read the reference month and geographic coverage before comparing figures. A national labour-market statistic is different from a job listing or an Employment Insurance application.
Read the guideGDP and Canada’s economy
Use several dated indicators to understand the economy: GDP, prices and the labour market answer different questions. Statistics Canada publishes quarterly expenditure-based GDP and separate monthly industry GDP releases. Name the measure and period before comparing them.
Read the guide
Use the responsible authority
Each guide identifies its official sources and review date. Complete applications on the government website. This independent guide does not confirm eligibility or submit requests.