Posts

• July 27, 2020

  Securities Repo Operations

  The Bank of Canada’s Securities Repo Operations (SROs) program provides a temporary source of Government of Canada nominal bonds and treasury bills to primary dealers to support liquidity in the securities financing market. The Bank makes a portion of its holdings of these securities available on an overnight basis through daily repurchase operations.
• July 27, 2020

  CARR Meeting (July 27, 2020)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
• July 21, 2020

  Bank of Canada announces changes to the amount of Government of Canada Treasury Bills acquired at auction

  The Bank’s short-term liquidity programs announced since March to improve market functioning are having their intended effect. Conditions in short-term funding markets have improved. In particular, strains in the Government of Canada Treasury Bill market have diminished significantly.

  Content Type(s): Press, Market notices
• July 21, 2020

  Bank of Canada announces changes to the Provincial Money Market Purchase (PMMP) program

  The Bank’s short-term liquidity programs announced since March to improve market functioning are having their intended effect. Conditions in short-term funding markets have improved. In particular, strains in the short-term provincial borrowing market have diminished significantly.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• July 20, 2020

  Bank of Canada announces new securities repo operations

  In line with its objectives to support core funding markets and to foster the well-functioning of the Government of Canada securities market, the Bank of Canada is announcing the introduction of securities repo operations (SROs).

  Content Type(s): Press, Market notices Source(s): Securities Repo Operations
• July 17, 2020

  Systemic Risk Surveillance Committee: Terms of Reference

  Learn about the objectives of the Systemic Risk Surveillance Committee (SRSC), its governance and membership.
• July 17, 2020

  Heads of Regulatory Agencies Committee: Terms of Reference

  Learn about the objectives of the Heads of Regulatory Agencies (HoA) Committee, the membership, structure and responsibilities.

• Average is Good Enough: Average-inflation Targeting and the ELB

  Staff Working Paper 2020-31 Robert Amano, Stefano Gnocchi, Sylvain Leduc, Joel Wagner

  The Great Recession and current pandemic have focused attention on the constraint on nominal interest rates from the effective lower bound.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Business fluctuations and cycles, Economic models, Monetary policy framework JEL Code(s): E, E3, E31, E32, E5, E52
• July 15, 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 Research Topic(s): Coronavirus disease (COVID-19)
• July 15, 2020

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

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent.

  Content Type(s): Press, Press releases