January 20, 2021
Ottawa, Ontario
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December 9, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. -
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November 24, 2020
Bank of Canada announces finalists for the sixth annual Governor’s Challenge
The Bank of Canada has announced the five finalist teams in the 2020-21 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council. -
November 19, 2020
Reminder: Changes to legal tender status will take effect in 2021
In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government will remove legal tender status from some older bank notes as of January 1, 2021. -
November 17, 2020
Public Policy Forum – Panel participation
Sustainable Finance and the Transition to a Low-Carbon Economy – Tiff Macklem, the Governor of the Bank of Canada, participates in a panel discussion at the Public Policy Forum. (14:00 ET) -
November 17, 2020
Panel remarks
Governor Tiff Macklem speaks by videoconference at the Public Policy Forum’s Sustainable Finance 2 Roundtable -
November 16, 2020
Bank of Canada and OSFI launch pilot project on climate risk scenarios
The Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system related to a transition to a low-carbon economy. -
November 9, 2020
Bank of Canada announces short list for next $5 bank note
The Bank of Canada today announced that the independent Advisory Council has selected a short list of eight iconic Canadians who could be featured on the next $5 bank note. -
November 6, 2020
John Kuszczak Memorial Lecture - Webcast
Digital Currencies and the Common Good: Models and Coopetition - Address by Jean Tirole, Toulouse School of Economics, with introductory remarks by Tiff Macklem, Governor of the Bank of Canada, and Lawrence Schembri, Deputy Governor.