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Bank of Canada's Overview

Total employees2552
HeadquartersOttawa
Founded1935

The Bank of Canada is Canada's central bank. Its principal role is 'to promote the economic and financial welfare of Canada,' as defined in the Bank of Canada Act. Its main functions include formulating and implementing monetary policy, acting as the fiscal agent for the Government of Canada, issuing and distributing Canada's bank notes, promoting the safety and efficiency of Canada's financial system, and conducting research and analysis into economic and financial issues. The Bank works to keep inflation low, stable and predictable, contributing to sustainable economic growth and preserving the value of money.

Where is Bank of Canada's Headquarters?

HQ Function

The headquarters serves as the primary hub for monetary policy formulation, economic research, currency issuance oversight, financial system stability operations, and overall administration of the Bank.

Notable Features:

The head office complex, designed by Arthur Erickson, features a distinctive glass-enclosed atrium connecting two modern towers to the original 1930s granite building. It also houses the Bank of Canada Museum.

Work Culture:

The work culture at the Bank of Canada is characterized by professionalism, intellectual rigor, collaboration, and a strong commitment to public service. Employees are typically highly educated and engaged in analytical and policy-oriented work.

HQ Significance:

The headquarters is significant as it's the nerve center of Canada's monetary policy and financial system oversight. Decisions made here directly impact the Canadian economy and the financial well-being of its citizens.

Values Reflected in HQ: The headquarters' design and operations reflect values such as transparency (glass atrium), stability (original granite structure), modernity, and a commitment to Canadian heritage and public engagement (museum).

Location:

While its physical offices are within Canada, the Bank of Canada maintains a significant global presence through its active participation in international financial institutions and forums. This includes the Bank for International Settlements (BIS), the Financial Stability Board (FSB), the International Monetary Fund (IMF), the G7, and the G20. These engagements support global financial stability, international policy coordination, and the sharing of economic research and best practices. The Bank also collaborates with other central banks worldwide.

Street Address:

234 Wellington Street

City:

Ottawa

State/Province:

Ontario

Country:

Canada

Bank of Canada's Global Presence

Toronto, Ontario/Canada

Address: 150 King Street West, Suite 2300, Toronto, ON M5H 1J9

Serves as a key operational and liaison office for interactions with financial market participants and institutions in Toronto.

Montréal, Quebec/Canada

Address: 1501 McGill College Avenue, Suite 2030, Montréal, QC H3A 3M8

Facilitates the Bank's agency operations in Quebec and provides insights into the regional economy.

Vancouver, British Columbia/Canada

Address: Suite 2710, Four Bentall Centre, 1055 Dunsmuir Street, Vancouver, BC V7X 1L3

Provides on-the-ground economic intelligence for British Columbia and the Prairie provinces.

Calgary, Alberta/Canada

Address: Dome Tower, Suite 1100, 333 – 7th Avenue S.W., Calgary, AB T2P 2Z1

Gathers economic intelligence and maintains relationships with stakeholders in Alberta and Saskatchewan.

Halifax, Nova Scotia/Canada

Address: 1701 Hollis Street, Suite 600, Halifax, NS B3J 3M8

Provides economic insights and representation for the Atlantic provinces.

Buying Intent Signals for Bank of Canada

Highperformr Signals uncover buying intent and give you clear insights to target the right accounts at the right time — helping your sales, marketing, and GTM teams close more deals, faster.

Notable news
Hiring actively
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
Corporate Finance
*Example signal, not calculated in real time

Executive Team of Bank of Canada

As of April 2025, Bank of Canada' leadership includes:

Tiff Macklem - Governor
Carolyn Rogers - Senior Deputy Governor
Toni Gravelle - Deputy Governor
Sharon Kozicki - Deputy Governor
Rhys R. Mendes - Deputy Governor
Nicolas Vincent - Deputy Governor (External non-executive member of Governing Council)
Grahame Johnson - Chief Operating Officer and General Counsel

Investors of Bank of Canada

Bank of Canada has been backed by several prominent investors over the years, including:

The Bank of Canada is a Crown corporation, meaning it is owned by the federal Government of Canada on behalf of the Canadian people. It is not a publicly traded company and does not have private investors.

Executive New Hires/Exits in the Last 12 Months

Hire2
Exits0

In the past year, the Bank of Canada saw key appointments to its Deputy Governor ranks, strengthening its leadership team.

New Appointments:

Rhys R. Mendes, Rhys R. Mendes appointed as Deputy Governor, effective July 17, 2023.
Nicolas Vincent, Nicolas Vincent appointed as an external non-executive Deputy Governor, effective August 14, 2023.

Technology (Tech Stack) used by Bank of Canada

Discover the tools Bank of Canada uses. Highperformr reveals the technologies powering your target accounts — helping your sales, marketing, and GTM teams prioritize smarter and close faster.

Bank of Canada Email Formats and Examples

The Bank of Canada primarily uses official contact forms and departmental email addresses for public and professional inquiries, rather than broadly publishing individual staff email formats. However, based on common organizational structures and publicly available contact points for specific roles, a likely format can be inferred for professional correspondence.

A common professional email format appears to be [firstinitial][lastname]@bank-banque-canada.ca or [firstinitial][lastname]@bankofcanada.ca. For example, for a generic John Doe, it might be jdoe@bankofcanada.ca.

Format

jdoe@bankofcanada.ca

Example

65%

Success rate

News and media

Bank of CanadaJune 5, 2024

Bank of Canada lowers policy interest rate by 25 basis points, continues quantitative tightening

The Bank of Canada today lowered its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization....more

Bank of CanadaMay 28, 2024

Bank of Canada Opening Statement before the House of Commons Standing Committee on Finance by Carolyn Rogers

Senior Deputy Governor Carolyn Rogers discussed the Bank's monetary policy and economic outlook before the House of Commons Standing Committee on Finance, highlighting progress on inflation and ongoing risks....more

Bank of CanadaApril 10, 2024

Bank of Canada maintains policy interest rate, continues quantitative tightening

The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of balance sheet normalization....more

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