OTTAWA – On Tuesday, 1 March 2011, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision.

Time
9:00 (Eastern Time)
Lock-Up
At 8:00 (ET), journalists are invited to review the press release, under embargo at the Bank's head office in Ottawa. The embargo will be lifted at 9:00 (ET). (Please use the East Tower entrance at 245 Sparks Street and have your press card with you.)

For security reasons, those wishing to attend the lock-up must confirm by calling Jeremy Harrison at 613 782-8782 before noon on Monday, 28 February.
Media Briefing Session
There will be no briefing session for this event.
Distribution
The press release will be available:
  • at 9:00 (ET) on the Bank's website
  • between 9:00 and 10:00 (ET) on CNW Group
Press Conference
There is no press conference for this event.
Webcast
There is no webcast for this event.
Note
For more information, please contact Jeremy Harrison at 613 782-8782 or jharrison@bankofcanada.ca.