July 21, 2020 Bank of Canada announces changes to the Provincial Money Market Purchase (PMMP) program The Bank’s short-term liquidity programs announced since March to improve market functioning are having their intended effect. Conditions in short-term funding markets have improved. In particular, strains in the short-term provincial borrowing market have diminished significantly. Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
July 20, 2020 Bank of Canada announces new securities repo operations In line with its objectives to support core funding markets and to foster the well-functioning of the Government of Canada securities market, the Bank of Canada is announcing the introduction of securities repo operations (SROs). Content Type(s): Press, Market notices Source(s): Securities Repo Operations
July 15, 2020 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 Research Topic(s): Coronavirus disease (COVID-19)
July 15, 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, continues program of quantitative easing Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. Content Type(s): Press, Press releases
July 13, 2020 Operational details for upcoming secondary market purchases of Government of Canada securities (July 20-July 31) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
July 8, 2020 2020-21 Debt Management Strategy Today, the Debt Management Strategy for 2020-21 is being published by the Government of Canada. Content Type(s): Press, Market notices
June 30, 2020 Bank of Canada partners with the Bank for International Settlements to launch innovation centre Media Relations Ottawa, Ontario The Bank for International Settlements (BIS) and the Bank of Canada announced today they will be launching a BIS Innovation Hub centre to advance fintech innovation within the central banking community. Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
June 29, 2020 Operational details for upcoming secondary market purchases of Government of Canada securities (July 6-July 17) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
June 22, 2020 Targeting inflation during the pandemic Speech summary Tiff Macklem Canadian Clubs and Cercles canadiens Ottawa, Ontario In his first speech, Governor Tiff Macklem explains how the Bank’s commitment to low, stable and predictable inflation has guided our actions during COVID-19. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Coronavirus disease (COVID-19), Inflation targets, Monetary policy, Monetary policy framework, Monetary policy implementation