OTTAWA – On Wednesday, July 10, 2019, 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. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.

Time

10:00 (Eastern Time)

Lock-Up

At 07:00 (ET), journalists are invited to review the rate announcement press release and the MPR, under embargo, at the Bank’s head office in Ottawa. Please use the Bank of Canada Museum entrance, located at 30 Bank Street (corner of Bank and Wellington), and bring photo ID.

For security reasons, journalists wishing to attend must confirm their presence by calling Media Relations at 613-782-8782 before noon (ET) on Tuesday, July 9, 2019. Those who have not registered will not be admitted to the lock-up.

At 08:30 (ET), senior Bank officers will provide background information and respond to questions on the content of the MPR. Information gathered at the session may be used freely in news reports and commentaries, provided it is not attributed to the Bank or its officers. Electronic recording is not permitted.

At 10:00 (ET), the lock-up ends and the embargo is lifted.

Distribution

The rate announcement press release and the Monetary Policy Report will be available at 10:00 (ET) on the Bank’s website.

Press Conference

At 11:15 (ET), Stephen S. Poloz, Governor of the Bank of Canada, and Carolyn A. Wilkins, Senior Deputy Governor, will hold a press conference in the Bank of Canada’s auditorium. The opening statement will be available on the Bank’s website at 11:15 (ET).

For security reasons, all media wishing to attend must register with the Bank in advance. To register, please contact Media Relations before noon (ET) on Tuesday, July 9, 2019 at 613-782-8782. Journalists, camera operators and still photographers who have not registered will not be admitted to the press conference.

Media are asked to arrive via the Bank of Canada Museum entrance, located at 30 Bank Street, on the corner of Bank and Wellington. Please be sure to bring photo ID.

Broadcasters needing to set up equipment will be granted access beginning at 10:00 (ET).

Webcast

Audio and video webcasts of the press conference will be accessible from the Bank’s website.

Note

For more information, please contact Media Relations at 613-782-8782.