March 30, 2020
Bank of Canada announces successful launch of Standing Term Liquidity Facility
The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF).
Find news by keyword, author, content type, location, source, topic or publication date.
Latest news
March 27, 2020
Press Conference Opening Statement – March 27, 2020
This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
Research Topic(s):
Coronavirus disease (COVID-19)
March 27, 2020
Bank of Canada lowers overnight rate target to ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic.
Content Type(s):
Press,
Press releases
March 24, 2020
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.
Content Type(s):
Press,
Announcements
March 24, 2020
Statement of G7 Finance Ministers and Central Bank Governors
Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the spread of the coronavirus disease 2019 (COVID-19).
Content Type(s):
Press,
Announcements