Uncategorized

• June 5, 2025

  CFEC Meeting (June 5, 2025)

  Content Type(s): Meetings Source(s): Canadian Foreign Exchange Committee
• June 5, 2025

  Speech: Sharon Kozicki, Deputy Governor

  12:35 (ET) 
  Toronto, Ontario  

  Content Type(s): Upcoming events
• June 4, 2025

  Bank of Canada Interest Rate Announcement

  On Wednesday, June 4, 2025, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. 

  Content Type(s): Press, Media advisories
• June 4, 2025

  Interest Rate Announcement

  09:45 (ET)
  On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision.

  Content Type(s): Upcoming events
• May 30, 2025

  Update on Changes to Canada’s Debt Distribution Framework

  The Bank of Canada and the Government of Canada (GoC) are announcing that adjustments to the GoC’s Debt Distribution Framework will come into effect on September 2, 2025.

  Content Type(s): Press, Market notices

• The Optimum Quantity of Central Bank Reserves

  Staff Working Paper 2025-15 Jonathan Witmer

  This paper analyzes the optimal quantity of central bank reserves in an economy where reserves and other financial assets provide liquidity benefits. Using a static model, I derive a constrained Friedman rule that characterizes the socially optimal level of reserves, demonstrating that this quantity is neither necessarily large nor small but depends on the marginal benefits of reserves relative to alternative safe assets.

  Content Type(s): Staff research, Staff working papers Research Topic(s): Financial institutions, Financial markets, Financial system regulation and policies, Monetary policy implementation JEL Code(s): E, E4, E41, E42, E5, E58, G, G2, G21, G28
• May 23, 2025

  Bank of Canada Media Interview – The New York Times

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Alan Rappeport and Ian Austen of the The New York Times.

  Content Type(s): Press, Media advisories
• May 22, 2025

  Panel: Toni Gravelle, Deputy Governor

  15:15 (ET)
  New York, NY   

  Content Type(s): Upcoming events
• May 22, 2025

  Conference on Fixed Income Research and Implications for Monetary Policy

  The Bank of Canada, the Federal Reserve Bank of Chicago, and the Federal Reserve Bank of San Francisco are hosting the 9^th bi-annual conference on Fixed Income Research and Implications for Monetary Policy, to be held in San Francisco on May 22-23, 2025.

  Content Type(s): Conferences and workshops
• May 22, 2025

  Bank of Canada Media Interview – The Globe and Mail

  Tiff Macklem, Governor of the Bank of Canada, gave an interview to Mark Rendell of the Globe and Mail, which will be published online and in the newspaper.

  Content Type(s): Press, Media advisories