Browse press

In order to support the efficient and continuous functioning of financial markets, the Bank of Canada is announcing its intention to introduce a Corporate Bond Purchase Program (CBPP).

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 ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system.

Today the Bank of Canada purchased $ 215,000,000 of Canada Mortgage Bonds in the secondary market.

The Bank of Canada continually reviews its collateral policy for the Standing Liquidity Facility (SLF) and its term repo operations.

The Bank of Canada, on behalf of the Government of Canada, announces the addition of one new Government Securities Distributor for Government of Canada marketable bonds and treasury bills.

As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $298 million of provincial treasury bills and/or promissory notes.

The Bank of Canada today announced temporary changes to standard terms for auctions of Government of Canada securities to support the liquidity and well-functioning of financial markets.

As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $480 million of provincial treasury bills and/or promissory notes.