March 23, 2026
Changes to Bank of Canada Governing Council
The Bank of Canada announced today the departure of Deputy Governor Rhys Mendes on April 10, and the retirement of Deputy Governor Sharon Kozicki on July 15.
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March 18, 2026
Bank of Canada maintains policy rate at 2¼%
The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%.
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March 5, 2026
Bank of Canada, Export Development Canada, RBC and TD successfully complete bond issuance experiment using distributed ledger technology
The Bank of Canada (BoC), RBC Capital Markets, RBC Investor Services, TD Bank Group (TD), and Export Development Canada (EDC) successfully completed Project Samara, a collaborative initiative to evaluate how tokenization and distributed ledger technology (DLT) can improve bond issuance and settlement in a real-world setting.
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February 27, 2026
Bank of Canada issues revised compliance order to XTM Inc.
The Bank of Canada today issued a revised temporary order to XTM Inc. (XTM). The Bank has authorized XTM to recommence retail payment activities under the supervision of the Monitor appointed today by the Ontario Superior Court of Justice under the Companies' Creditors Arrangement Act, and subject to terms and conditions set out in the Bank's revised order.
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Press,
Press releases
Subject(s):
Retail payments supervision
February 17, 2026
Bank of Canada issues immediate compliance order to XTM Inc.
The Bank of Canada today issued a temporary order to XTM Inc. (XTM) to immediately cease performing any retail payment activities.
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Press,
Press releases
Subject(s):
Retail payments supervision