March 15, 2021
Bank of Canada announces the recipients of the 2021 Fellowship Program Awards
Learn about the recipients of the Fellowship and Governor’s Awards for 2021.
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March 11, 2021
Household consumption in a pandemic
Deputy Governor Lawrence Schembri talks about how COVID-19 has affected household saving and spending patterns and discusses the Bank’s decision yesterday to leave the policy rate unchanged.
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Research Topic(s):
Coronavirus disease (COVID-19),
Domestic demand and components,
Monetary policy,
Recent economic and financial developments,
Service sector
March 10, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing
The Bank of Canada today held 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. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week.
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Press,
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February 26, 2021
Law Enforcement Award of Excellence for Counterfeit Deterrence
The call for nominations is open until April 30, 2021.
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Press,
Announcements
February 25, 2021
New strategy embeds diversity and inclusion into Bank of Canada’s work
The Bank of Canada has long recognized that the inclusion of diverse identities and ideas fosters innovative thinking that results in better policy outcomes for Canadians. It’s also the right thing to do. With today’s publication of its Diversity and Inclusion Strategy, the Bank is reinforcing its commitments to reduce any barriers to employment and support employees, while embedding diversity and inclusion into every aspect of its work.
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Press,
Announcements