April 21, 2021
Bank of Canada statement on Monetary Policy Report embargo breach
The Bank of Canada expects all media organizations to respect the embargo conditions for its key publications.
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April 21, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, adjusts quantitative easing program
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
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Press releases
March 31, 2021
Bank of Canada releases results from consultations on inflation and monetary policy
Over the past two years, we spoke with thousands of Canadians about their views on the economy, inflation and what the Bank does. Here’s what they told us.
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Press,
Press releases
March 10, 2021
Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week.
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Press,
Press releases
February 17, 2021
Bank of Canada announces 2020-21 scholarship recipients
The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group, or person of colour.
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Scholarship awards
February 16, 2021
University of Alberta crowned National Champion of The Governor’s Challenge
The University of Alberta has won the Bank of Canada’s sixth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
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Press,
Press releases
Source(s):
The Governor's Challenge
January 20, 2021
Bank of Canada will hold current level of policy rate until inflation objective is achieved, continues quantitative easing
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
Content Type(s):
Press,
Press releases
December 9, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues its quantitative easing program
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
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Press,
Press releases
November 24, 2020
Bank of Canada announces finalists for the sixth annual Governor’s Challenge
The Bank of Canada has announced the five finalist teams in the 2020-21 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.
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Press,
Press releases
Source(s):
The Governor's Challenge
November 19, 2020
Reminder: Changes to legal tender status will take effect in 2021
In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government will remove legal tender status from some older bank notes as of January 1, 2021.
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Press releases