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Bank of Canada: Monetary Policy Decision Press Conference Opening Statement
March 19, 2026

OTTAWA, Ontario, March 19 -- The Bank of Canada issued the following statement on March 18, 2026, by Governor Tiff Macklem:

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Monetary Policy Decision Press Conference Opening Statement

Good morning. I'm pleased to be here with Senior Deputy Governor Carolyn Rogers to discuss today's monetary policy decision.

Today, Governing Council maintained the policy interest rate at 2.25%. We've held the policy rate at this level since . . .

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