Interest rates
Bank of Canada unveils new vertical $20 bank note
Her Excellency the Right Honourable Louise Arbour, Governor General of Canada, and the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), joined Bank of Canada Governor Tiff Macklem today at an event to unveil Canada’s new vertical $20 bank note featuring a portrait of His Maj
THE UPDATE
What the release covers
Her Excellency the Right Honourable Louise Arbour, Governor General of Canada, and the Honourable Wayne Long, Secretary of State (Canada Revenue Agency and Financial Institutions), joined Bank of Canada Governor Tiff Macklem today at an event to unveil Canada’s new vertical $20 bank note featuring a portrait of His Maj
This briefing refers to the release dated Sep 3, 2026. Check the original publication for its detailed figures, definitions, scope and any later corrections.
Read the original Bank of Canada release ↗CAVAIT CONTEXT
What to consider for your next decision
Central-bank announcements provide context for borrowing and cash-flow planning. A policy-rate announcement does not automatically determine the interest rate in your own loan agreement.
- Check whether your financing is fixed or variable and note renewal dates.
- Model the effect of different borrowing costs on cash flow.
- Review the actual loan terms before changing your financial plan.