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The Bank of Canada (Bank) is announcing its intention to introduce a new liquidity facility, the Standing Term Liquidity Facility (STLF). The STLF will complement the Bank’s current tools for the provision of liquidity and will strengthen the Bank’s role as lender of last resort.

Chief Operating Officer Filipe Dinis discusses the need for greater collaboration across sectors to enhance Canada’s cyber resiliency.

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.

The Bank of Canada Museum is inviting Ottawa residents and visitors to come see its new exhibition.

Currently, the Bank of Canada and Statistics Canada both produce aggregate measures of borrowing, or credit, for sectors of the Canadian economy.

The Board of Directors of the Bank of Canada today announced the appointment of Toni Gravelle as Deputy Governor, effective October 1, 2019. The Bank also today announced that Mark Hardisty will join the Bank as Special Advisor to the Governor for a two-year term beginning November 6, 2019.