Think cash is outdated? Think again.
✅ 1 in 5 payments in Canada is still made in cash.
✅ We make sure it’s secure, reliable, high quality, and proudly Canadian.
https://bit.ly/4kS74wU
#KnowYourEconomy #cdnecon #economy #BankOfCanada
We have maintained our policy interest rate at 2.25%.
https://bit.ly/4oSljSB
#KnowYourEconomy #MonetaryPolicy #InterestRates #cdnecon #economy #education #finance #inflation #BankOfCanada
What influences the cost of food?
There are four key factors.
⚡ Energy prices
🌧️ Weather conditions
🛠️ Labour costs
💱 Exchange rates
Explore them in this article: https://bit.ly/3LFfxpB
#cdnecon #KnowYourEconomy
A lot has changed since we issued our first series of bank notes in 1935, but one thing remains the same- our unwavering commitment to producing high quality and secure bank notes.
bit.ly/3JdP8y2
#TBT #cdnecon #economy #KnowYourEconomy #currency #money
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: bit.ly/44kAImp
#KnowYourEconomy #cdnecon #economy #finance #FinancialTools
Think cash is outdated? Think again.
✅ 1 in 5 payments in Canada is still made in cash.
✅ We make sure it’s secure, reliable, high quality, and proudly Canadian.
#KnowYourEconomy #cdnecon #economy #BankOfCanada
As the sole authority for issuing bank notes, it’s our job to provide Canadians with secure and reliable currency 💸🔐
Learn more about our role in issuing bank notes that you can use with confidence: bit.ly/44jJOkq
#KnowYourEconomy #cdnecon #economy
Our job is to keep inflation around 2% 🎯
We adjust our policy interest rate eight times a year to help you plan, save, and spend with more confidence.
👉 bit.ly/4kxLgp8
#KnowYourEconomy #cdnecon #economy #InterestRates #BankOfCanada
Is the Bank of Canada really independent?
Yes, and that matters.
We’re free from political influence, so we can focus on what’s best for Canada’s economy, now and in the future.
👉 Learn more: bit.ly/3FSG4x4
#KnowYourEconomy #cdnecon #economy
How policy interest rate decisions are made
💡 Ever wonder what steps we take, what data we use, or how we make projections to make our interest rate decisions?
Deputy Governor Nicolas Vincent explains how the process works.
Tap the link to learn more: bit.ly/4mLApt8
#KnowYourEconomy #MonetaryPolicy #cdnecon #economy
ICYMI: The US trade war remains the biggest challenge for Canada’s economy. We're focused on supporting the economy and maintaining price stability.
Learn more: bit.ly/4kXWF1v
#KnowYourEconomy #MonetaryPolicy #InterestRates #cdnecon #economy #education #finance #inflation #BankOfCanada #tariffs
1935 ➡️ 2025
In 1935, we issued our first bank notes.
🍁 From paper to polymer our bank notes have changed, but the confidence and pride Canadians have in our notes remain the same.
👉 Read up on our current and past bank notes: bit.ly/4iOHRRv
#BoC90 #KnowYourEconomy #cdnecon #economy #TBT
🎉 Today we turn 90!
For 9 decades, we've been dedicated to Canada's economic and financial wellbeing.
Join us in celebrating the past, shaping the future.
bit.ly/41IU4jK
#BoC90 #KnowYourEconomy #cdnecon #economy
Canada is proudly celebrating Financial Literacy Month, and I couldn’t be more energized to contribute.
I’ve had the privilege of directly impacting 316 young minds in Kamloops, British Columbia, and 107 in Toronto.
#FinancialLiteracy #MoneyOnYourMind #FLM2024 #KnowYourEconomy #Canada