July 16, 2019 Bank of Canada to become the administrator of key interest rate benchmark Media Relations Ottawa, Ontario The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets. Content Type(s): Press, Press releases Source(s): Canadian Alternative Reference Rate Working Group
July 10, 2019 Bank of Canada maintains overnight rate target at 1 ¾ percent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent. Content Type(s): Press, Press releases
June 27, 2019 Bank of Canada announces partnership to improve resilience in financial sector Media Relations Ottawa, Ontario The Bank’s cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021. Content Type(s): Press, Press releases Source(s): Canadian Financial Sector Resiliency Group
May 29, 2019 Bank of Canada maintains overnight rate target at 1 ¾ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Content Type(s): Press, Press releases
May 8, 2019 Deputy Governor Lynn Patterson to retire from the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019. Content Type(s): Press, Press releases
May 6, 2019 Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz says Media Relations Winnipeg, Manitoba Canada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases
May 2, 2019 Central Banks of Canada and Singapore conduct successful experiment for cross-border payments using Distributed Ledger Technology This joint press release highlights the findings of the Jasper-Ubin experiment on cross-border, cross-currency payments using distributed ledger technology (DLT). Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
April 24, 2019 Bank of Canada maintains overnight rate target at 1 ¾ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent. Content Type(s): Press, Press releases
April 4, 2019 The Bank of Canada releases its Annual Report for 2018 Media Relations Ottawa, Ontario The Bank of Canada’s Annual Report for 2018 was tabled in the House of Commons today. Content Type(s): Press, Press releases
April 1, 2019 Canada’s export sector shows promise in a challenging environment, Governor Poloz says Media Relations Iqaluit, Nunavut Canada’s economy can build on its traditional strengths by taking advantage of export opportunities in rapidly growing service sectors to overcome the current challenging environment, Bank of Canada Governor Stephen S. Poloz said today. Content Type(s): Press, Press releases