Media Relations - Latest

• October 26, 2023

  Bank of Canada announces appointment of Nick Leswick as Executive Director of Policy

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Nick Leswick has been appointed to the new role of Executive Director of Policy, effective January 9, 2024.

  Content Type(s): Press, Press releases
• October 25, 2023

  Bank of Canada maintains policy rate, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.

  Content Type(s): Press, Press releases
• October 13, 2023

  Bank of Canada designates additional prominent payment systems

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Tiff Macklem has designated Visa Inc.’s VisaNet, Mastercard International Inc.’s Global Clearing Management System and Single Message System, and Interac Corp.’s Inter-Member Network as prominent payment systems under the Payment Clearing and Settlement Act, effective October 16, 2023.

  Content Type(s): Press, Press releases