Press Releases

• December 13, 2021

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Monetary Policy Framework

  Media Relations Ottawa, Ontario

  The objective of Canada's monetary policy is to promote the economic and financial well-being of Canadians. Experience has shown that the best way monetary policy can achieve this goal is by maintaining a low and stable inflation environment. Doing so supports a strong and inclusive labour market that provides every Canadian with opportunities for a good quality of life.

  Content Type(s): Press, Press releases
• December 8, 2021

  Bank of Canada maintains policy rate and forward guidance

  Media Relations Ottawa, Ontario

  The Bank of Canada today held 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
• November 30, 2021

  Bank of Canada and partners host Symposium on Indigenous Economies

  Media Relations Ottawa, Ontario

  On November 29 and 30, the Bank of Canada, in partnership with the Tulo Centre of Indigenous Economics and Te Pūtea Matua (Reserve Bank of New Zealand), hosted the inaugural Symposium on Indigenous Economies.

  Content Type(s): Press, Press releases
• November 3, 2021

  Bank of Canada announces climate change commitments for COP26

  Media Relations Ottawa, Ontario

  Addressing climate change is a global challenge. While the Government of Canada has the primary responsibility for climate change policy, the Bank of Canada recognizes the importance of including climate change considerations in its work to promote the economic and financial welfare of Canadians.

  Content Type(s): Press, Press releases Topic(s): Climate change
• October 27, 2021

  Bank of Canada maintains policy rate and forward guidance, ends quantitative easing

  Media Relations Ottawa, Ontario

  The Bank of Canada today held 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
• September 8, 2021

  Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing

  Media Relations Ottawa, Ontario

  The Bank of Canada today held 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
• September 1, 2021

  Bank of Canada designates Lynx as a systemically important payment system

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Payment Clearing and Settlement Act.

  Content Type(s): Press, Press releases
• July 29, 2021

  Bank of Canada publishes its 2022 schedule for policy interest rate announcements, the release of the Monetary Policy Report and other major publications

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2022 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 28, 2021

  Bank of Canada appoints Ron Morrow as Executive Director – Retail Payments Supervision

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Ron Morrow as Executive Director – Retail Payments Supervision, effective August 9, 2021.

  Content Type(s): Press, Press releases
• July 21, 2021

  Sharon Kozicki appointed as Deputy Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Sharon Kozicki as Deputy Governor, effective August 2, 2021.

  Content Type(s): Press, Press releases