March 31, 2023
Read our notices about financial market activities.
March 28, 2023
CARR publishes impact assessment checklist for market participants with CDOR exposureThe Canadian Alternative Reference Rate working group (CARR) today published an impact assessment checklist to help firms assess and mitigate their exposures to the Canadian Dollar Offered Rate (CDOR).
February 7, 2023
CFEC Releases Results of October 2022 Foreign Exchange Volume SurveyThe Canadian Foreign Exchange Committee (CFEC) released today the results of its October 2022 semi-annual survey of foreign exchange volumes in Canada.
January 27, 2023
Bank of Canada announces change to maximum bid rate for securities repo operationsThe Bank of Canada is announcing a change to the pricing of the securities repo operations (SRO).
January 16, 2023
CFIF publishes White Paper on the impact of CDOR cessation on Bankers’ Acceptance marketWith the cessation of Canadian Dollar Offer Rate’s (CDOR) publication in June 2024, it is expected that Bankers’ Acceptance (BA) will cease to exist as a money market instrument.
January 11, 2023
CARR announces development of a Term CORRA benchmarkThe announcement today confirms that efforts are underway to develop a 1- and 3-month Term CORRA benchmark with the objective of making such benchmarks available for use by the end of Q3-2023.
January 11, 2023
CARR and TMX launch webcast series on the transition from CDORCARR is pleased to announce the launch of a series of CDOR Transition Webcasts, developed in partnership with TMX.
December 19, 2022
Bank of Canada announces increases to the dealer and round limits for Overnight Repo operationsEffective Monday, December 19, 2022, limits for Overnight Repo (OR) operations will increase to $1 billion for each eligible participant.
December 15, 2022
CARR’s CORRA-first initiatives for derivatives to begin on January 9 - updateThe Canadian Alternative Reference Rate working group (CARR) has been laying the groundwork to ensure a smooth transition of financial products referencing the Canadian Dollar Offered Rate (CDOR).
November 18, 2022