Posts

• October 28, 2020

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 28, 2020

  Interim RPAC Meeting (October 28 and 29, 2020)

  Topics: End-user fund safeguarding expectations, operational risk

  Content Type(s): Meetings Source(s): Retail Payments Advisory Committee
• October 28, 2020

  Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.

  Content Type(s): Press, Press releases
• October 28, 2020

  Monetary Policy Report – October 2020

  

  The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.

  Content Type(s): Publications, Monetary Policy Report