The Bank of Canada has released its Monetary Policy Report for January 2026. The report is produced by the Governing Council, which includes Tiff Macklem, Carolyn Rogers, Toni Gravelle, Sharon Kozicki, Nicolas Vincent, Rhys Mendes and Michelle Alexopoulos.
The Monetary Policy Report outlines Canada’s inflation-control strategy and describes the main objectives and tools of the country’s monetary policy. It also provides information on how the Bank implements these policies.
According to the Bank of Canada’s official website, the institution works to keep inflation low and stable while preserving the value of money and ensuring stability across various forms of payment. The Bank promotes economic resilience and higher living standards through productivity efforts and oversees monetary policy via its Governing Council. Tiff Macklem serves as Governor of the Bank of Canada (https://bankofcanada.ca).
The Bank manages currency and digital payments while regulating retail payment systems (https://www.bankofcanada.ca/news/). Its responsibilities include maintaining price stability and fostering economic growth by overseeing both monetary policy and financial systems (https://www.bankofcanada.ca/news/).
Additionally, the Bank engages with Canadians through educational programs designed to promote economic literacy. It collaborates with university students through initiatives such as the Governor’s Challenge for monetary policy simulations (https://www.bankofcanada.ca/news/).
Macklem has served as governor since his appointment on June 3, 2020 (https://www.bankofcanada.ca/news/).
The Monetary Policy Report is available in multiple formats including CSV, JSON, XML, and PDF.
