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Bank of Canada RSS Feedsen2024-03-28T14:28:33+00:00Our COVID-19 response: Navigating diverse economic impacts
https://www.bankofcanada.ca/2020/06/our-covid-19-response-navigating-diverse-economic-impacts/
The pandemic and related measures to control the spread of the virus have deeply affected Canadians and the Canadian economy. The impacts have been different across sectors and regions. The economic recovery will also vary across the country as local economies start to reopen.2020-06-30T14:00:10+00:00enOur COVID-19 response: Navigating diverse economic impacts2020-06-30Bank of Canada partners with the Bank for International Settlements to launch innovation centre
https://www.bankofcanada.ca/2020/06/bank-canada-partners-bank-international-settlements-launch-innovation-centre/
The Bank for International Settlements (BIS) and the Bank of Canada announced today they will be launching a BIS Innovation Hub centre to advance fintech innovation within the central banking community.2020-06-30T06:00:00+00:00enBank of Canada partners with the Bank for International Settlements to launch innovation centre2020-06-30Our COVID-19 response: Supporting operations
https://www.bankofcanada.ca/2020/06/our-covid-19-response-supporting-operations/
When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system.2020-06-29T10:00:56+00:00enOur COVID-19 response: Supporting operations2020-06-29Targeting inflation during the pandemic
https://www.bankofcanada.ca/2020/06/targeting-inflation-during-pandemic/
In his first speech, Governor Tiff Macklem explains how the Bank’s commitment to low, stable and predictable inflation has guided our actions during COVID-19.2020-06-22T14:10:02+00:00Targeting inflation during the pandemic2020-06-22Tiff MacklemSpending patterns in a pandemic
https://www.bankofcanada.ca/2020/06/spending-patterns-in-a-pandemic/
Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19 and discusses why the Bank expects the recovery to have two phases.2020-06-18T15:24:14+00:00Spending patterns in a pandemic2020-06-18Lawrence L. SchembriOpening Statement before the House of Commons Standing Committee on Finance
https://www.bankofcanada.ca/2020/06/opening-statement-160620/
Introduction Good afternoon, Chair and committee members. It is an honour for me to appear before you as the 10th Governor of the Bank of Canada. I look forward to working with parliamentarians over the next seven years through regular appearances before committees of the House and Senate. These are an important part of the […]2020-06-16T15:00:37+00:00Opening Statement before the House of Commons Standing Committee on Finance2020-06-16Tiff MacklemBank of Canada becomes administrator of Canadian Overnight Repo Rate Average
https://www.bankofcanada.ca/2020/06/bank-canada-becomes-administrator-canadian-overnight-repo-rate-average/
The Bank of Canada is now the administrator of the Canadian Overnight Repo Rate Average (CORRA) and will post today the first rate calculated using an improved methodology.2020-06-15T07:22:46+00:00enBank of Canada becomes administrator of Canadian Overnight Repo Rate Average2020-06-15Our COVID-19 response: Keeping markets liquid
https://www.bankofcanada.ca/2020/06/keeping-markets-liquid/
When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy.2020-06-10T13:45:27+00:00enOur COVID-19 response: Keeping markets liquid2020-06-10Supporting markets during the crisis
https://www.bankofcanada.ca/2020/06/supporting-markets-during-the-crisis/
Speaking a day after the Bank left the policy rate unchanged, Deputy Governor Toni Gravelle explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery.2020-06-04T16:33:17+00:00Supporting markets during the crisis2020-06-04Toni GravelleBank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
https://www.bankofcanada.ca/2020/06/fad-press-release-2020-06-03/
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.2020-06-03T10:01:56+00:00enBank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve2020-06-03