December 11, 2024
Bank of Canada reduces policy rate by 50 basis points to 3¼%
The Bank of Canada today reduced its target for the overnight rate to 3¼%, with the Bank Rate at 3½% and the deposit rate at 3¼%.
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December 2, 2024
Bank of Canada publishes applicants’ list of retail payment service providers
The Bank of Canada today published the list of companies that have applied to be registered under the Retail Payment Activities Act (RPAA).
Content Type(s):
Press,
Press releases
Topic(s):
Retail payments supervision
November 25, 2024
Bank of Canada announces finalists for the tenth annual Governor’s Challenge
The Bank of Canada has announced the six finalist teams in the 2024-25 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.
Content Type(s):
Press,
Press releases
Source(s):
The Governor's Challenge
November 1, 2024
Bank of Canada Opens Registration Period for Payment Service Providers
The Bank of Canada said today it has opened the registration period for retail payment service providers (PSPs) that are subject to the Retail Payments Activities Act (RPAA).
Content Type(s):
Press,
Press releases
Topic(s):
Retail payments supervision
October 23, 2024
Bank of Canada reduces policy rate by 50 basis points to 3¾%
The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%.
Content Type(s):
Press,
Press releases
October 3, 2024
Bank of Canada Board launches process to appoint additional external Deputy Governor
The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection committee to spearhead the selection process and has retained recruitment firm Boyden to assist with the open external search process.
Content Type(s):
Press,
Press releases
October 1, 2024
The Bank of Canada Museum launches a new free educational resource “You Are the Economy”
The Bank of Canada Museum is excited to introduce “You Are the Economy,” a comprehensive suite of six free lesson plans on economic and financial literacy for Grade 7–12 students across Canada.
Content Type(s):
Press,
Press releases
September 23, 2024
Bank of Canada announces Reconciliation Action Plan
The Bank of Canada today unveiled its first Reconciliation Action Plan.
Content Type(s):
Press,
Press releases
September 4, 2024
Bank of Canada reduces policy rate by 25 basis points to 4¼%
The Bank of Canada today reduced its target for the overnight rate to 4¼%, with the Bank Rate at 4½% and the deposit rate at 4¼%.
Content Type(s):
Press,
Press releases
August 8, 2024
Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic
The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic.
Content Type(s):
Press,
Press releases