December 7, 2023
Press
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December 7, 2023
Media Availability: Windsor-Essex Regional Chamber of Commerce
Economic Progress Report — Deputy Governor Toni Gravelle takes questions from reporters following his remarks (14:10 (ET) approx.).
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December 7, 2023
Speech: Windsor-Essex Regional Chamber of Commerce
Economic Progress Report — Deputy Governor Toni Gravelle speaks before the Windsor-Essex Regional Chamber of Commerce (12:50 (ET) approx.).
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December 7, 2023
Economic progress report: Immigration, housing and the outlook for inflation
Deputy Governor Toni Gravelle discusses the latest interest rate decision along with how immigration helps Canada’s economy and how it impacts inflation. -
December 7, 2023
What population growth means for the economy and inflation
Speaking a day after we decided to hold interest rates steady at 5%, Deputy Governor Toni Gravelle discusses immigration, inflation and the role that newcomers play in helping our economy grow. -
December 6, 2023
Bank of Canada maintains policy rate, continues quantitative tightening
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%. The Bank is continuing its policy of quantitative tightening. -
December 6, 2023
Bank of Canada Interest Rate Announcement
On Wednesday, December 6, 2023, 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. -
November 30, 2023
CARR amends recommended fallback for CDOR NHA MBS, and publishes a guide for Canadian companies transitioning from CDOR
In 2021, CARR published “Recommended fallback language for FRNs referencing CDOR” which recommended that CDOR-linked floating rate notes (FRNs), including floating rate NHA MBS, fall back from CDOR to a CORRA fallback rate (“Fallback Rate (CORRA)” as defined in the document). -
November 29, 2023
What we heard: Bank of Canada publishes report on digital dollar consultations, outlines further engagement plans
The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar. -
November 28, 2023
Moving money with confidence: Canada’s new regime for retail payments supervision
Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments.