Press

• May 6, 2024

  Bank of Canada updates progress on new $20 note

  Media Relations Ottawa, Ontario

  On the first anniversary of the coronation of His Majesty King Charles III, the Bank of Canada issued a progress update on designing a new $20 bank note.

  Content Type(s): Press, Press releases
• May 3, 2024

  The Bank of Canada releases its 2023 Annual Report and Report on Climate Risks

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2023 was tabled in the House of Commons yesterday. The Bank of Canada also released its second annual report outlining the risks that climate change poses to its mandate and operations.

  Content Type(s): Press, Press releases
• May 2, 2024

  Parliamentary Appearance by the Governor and the Senior Deputy Governor of the Bank of Canada

  On Thursday, May 2, 2024, the Governor of the Bank of Canada, Tiff Macklem, will appear before the House of Commons Standing Committee on Finance. He will be accompanied by Senior Deputy Governor Carolyn Rogers.

  Content Type(s): Press, Media advisories
• May 2, 2024

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• May 1, 2024

  Opening Statement before the Standing Senate Committee on Banking, Commerce and the Economy

  Opening statement Tiff Macklem Standing Senate Committee on Banking, Commerce and the Economy Ottawa, Ontario

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 30, 2024

  CARR reiterates that market participants with CDOR-based loans, derivatives or securities must prepare for CDOR’s cessation post June 28, 2024

  Refinitiv Benchmark Services (UK) Limited (RBSL), the administrator of CDOR, today reaffirmed that all three tenors of CDOR will cease to be published after June 28, 2024.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
• April 25, 2024

  CFIF announces the establishment of the Collateral Infrastructure and Market Practices Advisory Group

  The Canadian Fixed-Income Forum today announced the establishment of the Collateral Infrastructure and Market Practices Advisory Group.

  Content Type(s): Press, Market notices Source(s): Collateral Infrastructure and Market Practices Advisory Group
• April 25, 2024

  Bank of Canada plans to re-introduce its securities lending program

  The Bank of Canada is planning to restart later this year its securities lending program (SLP) which is designed to support the liquidity of Government of Canada (GoC) securities markets.

  Content Type(s): Press, Market notices Source(s): Securities Lending Program, Securities Repo Operations
• April 17, 2024

  Introduction of one-month treasury bill

  In line with the announcement in the federal 2024 Budget, the Government of Canada will be introducing a temporary one-month treasury bill.

  Content Type(s): Press, Market notices
• April 15, 2024

  CARR to begin publishing data on the transition of CDOR based loans to CORRA

  To facilitate the monitoring of the transition away from CDOR based loans to CORRA and Term CORRA, CARR will publish a monthly report on the aggregated outstanding amount of CDOR loans that have not transitioned to other benchmarks, as well as the volume of new loans, including any transitioned loans, referencing CORRA and/or Term CORRA.

  Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group