July 23, 2019
Bank of Canada publishes its 2020 schedule for policy interest rate announcements, the release of the Monetary Policy Report and other major publicationsThe Bank of Canada today published its 2020 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report and reconfirmed the scheduled interest rate announcement dates for the remainder of this year.
July 16, 2019 The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets.
July 10, 2019 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.
June 27, 2019 The Bank’s cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021.
May 31, 2019 In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government recently decided to remove legal tender status from some older bank notes as of January 1, 2021.
May 29, 2019 The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.
May 8, 2019 The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.
May 6, 2019
Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz saysCanada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.
May 2, 2019
Central Banks of Canada and Singapore conduct successful experiment for cross-border payments using Distributed Ledger TechnologyThis joint press release highlights the findings of the Jasper-Ubin experiment on cross-border, cross-currency payments using distributed ledger technology (DLT).
April 24, 2019 The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.