Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easingThe 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.
June 10, 2021 Media Availability: Western Canadian Chapters of Advocis
The digital transformation and Canada’s economic resilience — Timothy Lane, Deputy Governor of the Bank of Canada, takes questions from reporters by videoconference following his remarks (14:20 (ET) approx.).
Principles for External Communication
To uphold public confidence in the transparency and integrity of its work on behalf of Canadians, the Bank adheres to these principles for Governing Council’s external communications.