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As announced on June 11, 2024, the Bank of Canada made Secured General Collateral (SGC) Notes eligible as collateral under the Standing Liquidity Facility (SLF), pending necessary system enhancements.

The Bank of Canada Museum is thrilled to announce the nationwide tour of its award-winning travelling exhibition, Money in 10 Questions: Kids Edition, kicking off at the Lloydminster Museum + Archives from January 31 to April 27, 2025.

Tiff Macklem, Governor of the Bank of Canada, gave an interview to Erik Hertzberg of Bloomberg News.

Tiff Macklem, Governor of the Bank of Canada, gave an interview to Clémence Pavic of Le Devoir.

Tiff Macklem, Governor of the Bank of Canada
Interview with Le Devoir

Tiff Macklem, Governor of the Bank of Canada
Interview with Bloomberg News

The Bank announced it is making an adjustment to the deposit rate. Effective January 30, the deposit rate will be set at a spread of 5bps below the Bank’s policy interest rate.

Today, the Bank of Canada is announcing its plan to complete its balance sheet normalization, ending quantitative tightening.

The Bank of Canada today reduced its target for the overnight rate to 3%, with the Bank Rate at 3.25% and the deposit rate at 2.95%.