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Paul Beaudry, Deputy Governor of the Bank of Canada
Interview with Zone économie on Radio-Canada

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening.

On Wednesday, July 12, 2023, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.

Today, the Canadian Alternative Reference Rate working group (CARR) published its paper on legacy securities linked to CDOR (i.e. securities referencing CDOR that mature after CDOR’s cessation).

On Friday, June 30, 2023, the Bank of Canada will release the second quarter issue of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

On Tuesday, June 27, 2023, Sharon Kozicki, Deputy Governor of the Bank of Canada, will participate in a panel discussion at the ECB Forum on Central Banking 2023.

On Wednesday, June 21, 2023, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on June 7, 2023.

Tiff Macklem, Governor of the Bank of Canada
Interview with the Kelowna Daily Courier