Press

• June 4, 2020

  Greater Sudbury Chamber of Commerce - Media Availability (Webcasts)

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle of the Bank of Canada speaks before the Greater Sudbury Chamber of Commerce by videoconference. (15:15 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• June 4, 2020

  Greater Sudbury Chamber of Commerce - Speech (Webcasts)

  

  

  Economic Progress Report — Deputy Governor Toni Gravelle of the Bank of Canada speaks before the Greater Sudbury Chamber of Commerce by videoconference. (14:00 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts
• June 4, 2020

  Economic progress report: keeping markets working

  Remarks (delivered virtually) Toni Gravelle Greater Sudbury Chamber of Commerce Sudbury, Ontario

  Deputy Governor Toni Gravelle discusses the Bank’s latest interest rate announcement and explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery

  Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Coronavirus disease (COVID-19), Financial markets, Financial stability, Monetary policy, Recent economic and financial developments
• June 3, 2020

  Bank of Canada Announces Changes to Term Repo Operations and Bankers’ Acceptance Purchase Facility

  With substantial improvements in short-term funding conditions recently, as well as reduced participation since mid-April in the Bank’s extended Term Repo and Bankers’ Acceptance Purchase Facility (BAPF) operations, the Bank is making amendments to these programs.

  Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Term repo operations
• June 3, 2020

  Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• June 1, 2020

  Operational details for upcoming secondary market purchases of Government of Canada securities (June 8-June 19)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• May 28, 2020

  Update: Bank of Canada asks retailers to continue accepting cash

  Media Relations Ottawa, Ontario

  During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure.

  Content Type(s): Press, Announcements
• May 27, 2020

  Results of today’s Government of Canada Bond Purchase Program operation (Real Return Bonds)

  Today the Bank of Canada purchased $ 700,000,000 of Government of Canada Real Return Bonds in the secondary market.

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• May 26, 2020

  Call for tenders for secondary market purchases of Real Return Bonds (May 27)

  As previously announced, the Bank of Canada (the Bank) launched a program to purchase Government of Canada securities in the secondary market: the Government of Canada Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• May 26, 2020

  Opening Statement before the Senate National Finance Committee

  Opening statement Stephen S. Poloz Senate National Finance Committee Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […]

  Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Coronavirus disease (COVID-19), Financial stability, Monetary policy, Monetary policy transmission, Recent economic and financial developments