by Salman Ahmed

The Bank of Canada does more than just monitor inflation to make interest rate decisions. It helps oversee the financial system, manages the Government of Canada’s foreign exchange reserves, supervises payment providers and decides what our currency looks like. It’s even researching digital currencies.

In this interview with Carolyn Kwan of Connor, Clark & Lunn (the manager of our Income Fund and Savings Fund), we discuss Canada’s interest rate outlook in 2024 and many of the other things the Bank of Canada does to support the Canadian economy. Carolyn also provides insights into how Canadians can use the Bank’s resources in their lives.