October 28, 2020
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October 28, 2020
Interim RPAC Meeting (October 28 and 29, 2020)
Topics: End-user fund safeguarding expectations, operational risk -
October 28, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program
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. -
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.