July 18, 2023 Operation Cancellation – Treasury Bill 2023.07.18 Due to technical difficulties, the Treasury Bill Auction scheduled for 2023.07.18 at 10:30 has been cancelled. Content Type(s): Press, Market notices
July 14, 2023 The Globe and Mail Tiff Macklem, Governor of the Bank of CanadaInterview with The Globe and Mail Content Type(s): Press, Media activities
July 12, 2023 Zone économie on Radio-Canada Paul Beaudry, Deputy Governor of the Bank of CanadaInterview with Zone économie on Radio-Canada Content Type(s): Press, Media activities
July 12, 2023 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
July 12, 2023 Bank of Canada raises policy rate 25 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Content Type(s): Press, Press releases
June 30, 2023 CARR releases its recommendations for legacy securities tied to CDOR Today, the Canadian Alternative Reference Rate working group (CARR) published its paper on legacy securities linked to CDOR (i.e. securities referencing CDOR that mature after CDOR’s cessation). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
June 20, 2023 The Daily Courier Tiff Macklem, Governor of the Bank of Canada Interview with the Kelowna Daily Courier Content Type(s): Press, Media activities
June 9, 2023 CDOR Transition – Implications for transactions as stage 1 ends and stage 2 begins The first stage of CARR’s two-staged transition plan will be completed on June 30, 2023. Market participants are expected to have transitioned all new derivative (bilateral, cleared and exchange traded) and securities transactions to CORRA benchmarks, with limited exceptions, after June 30, 2023. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group