March 12, 2020 Bank of Canada Announces the Expansion of its Bond Buyback Program and Term Repo Operations In order to support the continuous functioning of financial markets through the provision of liquidity, the Bank of Canada announced two measures today. Content Type(s): Press, Market notices Source(s): Term repo operations
March 9, 2020 Bank of Canada announces members of Advisory Council for next $5 bank note Media Relations Ottawa, Ontario The independent Advisory Council will develop a short list of iconic Canadians who could be featured on the next bank note. Content Type(s): Press, Press releases
March 5, 2020 Labour market is key to Canada’s resilience Speech summary Stephen S. Poloz Women in Capital Markets Toronto, Ontario Governor Stephen S. Poloz talks about how the labour market is a key source of resilience for Canada’s economy and reviews the Bank of Canada’s decision to lower interest rates. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Coronavirus disease (COVID-19), Interest rates, Labour markets, Monetary policy, Recent economic and financial developments
March 5, 2020 Economic Progress Report: We All Have Work to Do Remarks Stephen S. Poloz Women in Capital Markets Toronto, Ontario Governor Stephen S. Poloz discusses the Bank’s latest interest rate announcement as well as Canada’s labour market—an important source of economic resilience. Content Type(s): Press, Speeches and appearances, Remarks Research Topic(s): Coronavirus disease (COVID-19), Interest rates, Labour markets, Monetary policy, Recent economic and financial developments
March 4, 2020 Bank of Canada lowers overnight rate target to 1 ¼ percent Media Relations Ottawa, Ontario The Bank of Canada today lowered its target for the overnight rate by 50 basis points to 1 ¼ percent. The Bank Rate is correspondingly 1 ½ percent and the deposit rate is 1 percent. Content Type(s): Press, Press releases
March 3, 2020 Statement of G7 Finance Ministers and Central Bank Governors Media Relations We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions. Content Type(s): Press, Press releases
February 25, 2020 Exploring new ways to pay Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Cryptoassets, Cryptocurrencies, Digital currencies and fintech