Ottawa, Ontario - Bank of Canada
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Bank of Canada RSS Feedsen2024-03-29T00:18:49+00:00Press Conference Opening Statement – March 27, 2020
https://www.bankofcanada.ca/2020/03/press-conference-opening-statement-march-27-2020/
This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic.2020-03-27T09:30:05+00:00Press Conference Opening Statement – March 27, 20202020-03-27Stephen S. PolozBank of Canada lowers overnight rate target to ¼ percent
https://www.bankofcanada.ca/2020/03/press-release-2020-03-27/
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic.2020-03-27T09:00:13+00:00enBank of Canada lowers overnight rate target to ¼ percent2020-03-27Bank of Canada employees to work remotely
https://www.bankofcanada.ca/2020/03/bank-canada-employees-work-remotely/
The Bank of Canada today announced that it has completed arrangements for all employees to telework until further notice to protect the health of our staff and reduce the risk of transmission of COVID-19.2020-03-18T15:25:51+00:00enBank of Canada employees to work remotely2020-03-18Press Conference Opening Statement – March 18, 2020
https://www.bankofcanada.ca/2020/03/opening-statement-180320/
The Bank of Canada has been working hard to ensure the financial system has sufficient liquidity so that credit continues to be available to businesses and households.2020-03-18T09:21:50+00:00Press Conference Opening Statement – March 18, 20202020-03-18Stephen S. PolozBank of Canada lowers overnight rate target to ¾ percent
https://www.bankofcanada.ca/2020/03/bank-of-canada-lowers-overnight-rate-target-to-%c2%be-percent/
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent, effective Monday, March 16, 2020. The Bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices.2020-03-13T14:00:54+00:00enBank of Canada lowers overnight rate target to ¾ percent2020-03-13Press Conference Opening Statement – March 13, 2020
https://www.bankofcanada.ca/2020/03/opening-statement-130320/
The Bank of Canada is contributing to the collective effort to support the Canadian economy and financial system, and to ensure credit channels remain open.2020-03-13T01:59:09+00:00Press Conference Opening Statement – March 13, 20202020-03-13Stephen S. PolozBank of Canada announces members of Advisory Council for next $5 bank note
https://www.bankofcanada.ca/banknotes/banknoteable-5/advisory-council-for-the-next-5-bank-note/
The independent Advisory Council will develop a short list of iconic Canadians who could be featured on the next bank note.2020-03-09T09:00:22+00:00enBank of Canada announces members of Advisory Council for next $5 bank note2020-03-09Bank of Canada lowers overnight rate target to 1 ¼ percent
https://www.bankofcanada.ca/2020/03/fad-press-release-2020-03-04/
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent.2020-03-04T10:01:20+00:00enBank of Canada lowers overnight rate target to 1 ¼ percent2020-03-04