Press
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March 27, 2020
UPDATED: Bank of Canada to Introduce a Commercial Paper Purchase Program
In order to support the continuous functioning of financial markets, the Bank of Canada is announcing the Commercial Paper Purchase Program (CPPP). -
March 27, 2020 COVID-19 actions - Press Conference (Webcasts) - March 2020
COVID-19 actions - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (09:30 (ET) approx.).
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March 27, 2020
Governor and Senior Deputy Governor of the Bank of Canada to hold press conference
On Friday, March 27, 2020 Stephen S. Poloz, Governor of the Bank of Canada, and Carolyn A. Wilkins, Senior Deputy Governor, will hold a press conference via teleconference. -
March 27, 2020
Operational details for the secondary market purchases of Government of Canada securities
As announced on March 27 2020, the Bank of Canada is launching a program to purchase Government of Canada securities in the secondary market. -
March 27, 2020
Press Conference Opening Statement – March 27, 2020
This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic. -
March 27, 2020
Bank of Canada lowers overnight rate target to ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic. -
March 26, 2020
Results of today’s Provincial Money Market Purchase program
As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $121.1 million of provincial treasury bills and/or promissory notes. -
March 26, 2020
Results of today’s Canada Mortgage Bond purchase operation
Today the Bank of Canada purchased $ 260,000,000 of Canada Mortgage Bonds in the secondary market. -
March 25, 2020
Results of today’s Provincial Money Market Purchase program
As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $279.21 million of provincial treasury bills and/or promissory notes. -
March 25, 2020
Operational details for the upcoming Expansion of the Bank of Canada’s Bond Buyback Program
Consistent with the announcement that the Bank of Canada (the Bank), acting as fiscal agent, will extend its buybacks across all benchmark maturity sectors, the Bank is announcing today the following operations for the next two weeks.