Read about our financial market operations and liquidity policies, view the related market operations indicators, and read about the market operations framework policy consultations.
COVID-19: Actions to support the economy and financial system
Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.
Market operations, programs and facilities
Get quick access to details and data—including terms and conditions, schedules and results.
Lender of last resort
The Bank of Canada, as Canada's central bank, is the ultimate source of liquid funds to the financial system. Learn about this role, known as “lender of last resort".
Framework for market operations and liquidity provision
Learn about the Bank’s policies for financial market operations and tools for providing liquidity to the financial system. This includes routine and emergency liquidity tools provided as part of the Bank’s role as lender of last resort.
Indicators: market operations
A table of indicators related to the implementation of monetary policy that includes the operating band, settlement balances and other Bank of Canada operations.
Bank of Canada Margin Call Practice for Domestic Market Operations
For transactions outstanding against securities purchased or sold under a term purchase and resale agreement, the Bank values the securities daily, and compares that value to the contract valuation to ensure the Bank is adequately protected.
A chronology of crisis response measures (2007–2011)
View the chronological list of crisis response measures the Bank of Canada took between December 12, 2007 and November 30, 2011.