An hour later Governor of the Bank Tiff Macklem and Canada's Finance Minister Chrystia Freeland will hold a joint news conference.

Its expected that the renewal of the Ministry and Bank five-year monetary policy framework will be announced. That is, the BoC will say it will maintain its inflation target at 2%.

Canada's Deputy Prime Minister and Minister of Finance Chrystia Freeland
Canada's Deputy PM and Minister of Finance Chrystia Freeland