May 5, 2015 Public Consultations on the Bank of Canada’s Framework for Financial Market Operations and its Emergency Lending Assistance Policies The Bank of Canada undertook public consultations to update its framework for financial market operations and its emergency lending policies to reflect the evolution of the Canadian financial system and lessons learned globally during the 2007–09 financial crisis. As part of the public consultations, the Bank released two consultation papers that proposed several changes to its market operations and to its Emergency Lending Assistance (ELA) policies. The comment period for the consultations ended on 4 July 2015. Content Type(s): Press, Market notices
April 28, 2015 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good morning, Mr. Chairman and committee members. Carolyn and I are happy to be here for one of our twice-yearly meetings on our Monetary Policy Report (MPR). Today we will outline for you the Bank’s latest economic outlook, published in our MPR on 15 April. In this volatile and uncertain environment, it is helpful to […] Content Type(s): Press, Speeches and appearances, Opening statements
April 21, 2015 Summary of Comments – 2015–16 Debt Management Strategy Consultations Today, the Summary of Comments – 2015–16 Debt Management Strategy Consultations is being published in conjunction with the release of the government’s Debt Management Strategy for 2015–16. Content Type(s): Press, Market notices
April 15, 2015 Release of the Monetary Policy Report Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Monetary Policy Report. Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments
April 15, 2015 Bank of Canada maintains overnight rate target at 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent. Content Type(s): Press, Press releases
March 31, 2015 Changes to Assets Eligible as Collateral under the Bank of Canada’s Standing Liquidity Facility (SLF) The Bank of Canada announced on 29 January 2015 its intention to add certain Canadian-dollar term asset-backed securities (ABS) to its list of assets eligible as collateral under the Bank of Canada’s SLF. Content Type(s): Press, Market notices
March 31, 2015 Release of the 2014 Annual Report on Bank of Canada Oversight Activities The Bank of Canada today published the 2014 annual report on its oversight of payment, clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices
March 31, 2015 Legal Terms and Conditions for Government of Canada Debt Securities Starting today, the Legal Terms and Conditions for Government of Canada domestic marketable debt securities (the “Legal Terms”) can be viewed on the Department of Finance website. Content Type(s): Press, Market notices