December 6, 2023 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Content Type(s): Press, Press releases
December 6, 2023 Bank of Canada Interest Rate Announcement On Wednesday, December 6, 2023, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. Content Type(s): Press, Media advisories
November 30, 2023 CARR amends recommended fallback for CDOR NHA MBS, and publishes a guide for Canadian companies transitioning from CDOR In 2021, CARR published “Recommended fallback language for FRNs referencing CDOR” which recommended that CDOR-linked floating rate notes (FRNs), including floating rate NHA MBS, fall back from CDOR to a CORRA fallback rate (“Fallback Rate (CORRA)” as defined in the document). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
November 29, 2023 What we heard: Bank of Canada publishes report on digital dollar consultations, outlines further engagement plans Media Relations Ottawa, Ontario The Bank of Canada today published a report summarizing the feedback it has received to date about a potential digital Canadian dollar. Content Type(s): Press, Press releases
November 28, 2023 Moving money with confidence: Canada’s new regime for retail payments supervision Remarks Ron Morrow Central 1 Momentum Summit Vancouver, British Columbia Executive Director of Supervision Ron Morrow discusses the creation and coming into force of a new supervision regime to oversee retail payments. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Retail payments supervision
November 28, 2023 Speech by Ron Morrow, Executive Director - Supervision, of the Bank of Canada On Tuesday, November 28, 2023, Ron Morrow, Executive Director – Supervision, of the Bank of Canada, will speak before the Central 1 Credit Union’s Momentum 2023 Summit. Content Type(s): Press, Media advisories
November 27, 2023 Bank of Canada announces finalists for the ninth annual Governor’s Challenge The Bank of Canada has announced the five finalist teams in the 2023–24 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, Announcements Source(s): The Governor's Challenge
November 22, 2023 Speech by Tiff Macklem, Governor of the Bank of Canada On Wednesday, November 22, 2023, Tiff Macklem, Governor of the Bank of Canada, will speak before the Saint John Region Chamber of Commerce. Content Type(s): Press, Media advisories