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Effective Friday, 29 January 2016, the Bank is increasing the target for the minimum daily level of settlement balances to $500 million, from its current level of $150 million. This measure will remain in effect until further notice.

The Department of Finance and the Bank of Canada have updated the rule for determining the coupon rates of Government of Canada nominal bonds.

Results of today's term repo operation.

Bank of Canada Announces the Minimum Bid Rate for Today's Term Repo Operation.

The Bank of Canada announced today that it will conduct term repo operations.

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 announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

The Board of Directors of the Bank for International Settlements (BIS) has appointed , Governor of the Bank of Canada, as Chair of the BIS Consultative Council for the Americas (CCA). The appointment is for a term of two years, effective 9 January 2016. The announcement is available on the BIS website. For more information, […]