Hedge funds and their trading strategies in the Government of Canada bond market Sparks at Bank article Andreas Uthemann, Adrian Walton Hedge funds are active in Canadian government bond markets and help improve market efficiency. But their trading strategies are not well understood. We offer insights into the range of strategies hedge funds use beyond the more commonly known cash-futures basis trade. We also explore the concentration of trading activity among a few large funds. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Financial markets and funds management, Market functioning, Market structure, Financial system, Financial institutions and intermediation, Financial stability and systemic risk
February 2, 2026 University of British Columbia crowned National Champion of The Governor’s Challenge The Bank of Canada is pleased to announce that the University of British Columbia has won the eleventh annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council. Content Type(s): Press, Announcements Source(s): The Governor's Challenge
January 29, 2026 Operational Details for Government Purchases of Canada Mortgage Bonds in 2026 In the 2023 Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning in 2024, up to an annual maximum of $30 billion while ensuring that the pace and volume of these purchases are appropriate for market conditions. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bonds: Government purchases and holdings
January 28, 2026 Bank of Canada Media Interview – Reuters Tiff Macklem, Governor of the Bank of Canada, gave an interview to Reuters. Content Type(s): Press, Media advisories
January 28, 2026 Bank of Canada maintains policy rate at 2¼% Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 2.25%, with the Bank Rate at 2.5% and the deposit rate at 2.20%. Content Type(s): Press, Press releases
January 28, 2026 Monetary Policy Report—January 2026 The Canadian economy continues to adjust to US tariffs and the new global trade landscape. This adjustment will take time and growth is expected to be modest. Inflation is projected to remain near the 2% target. Content Type(s): Publications, Monetary Policy Report
January 28, 2026 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, January 28, 2026, 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. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. Content Type(s): Press, Media advisories
January 28, 2026 Interest Rate Announcement and Monetary Policy Report 09:45 (ET)On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Four times a year, Governing Council presents the Monetary Policy Report: the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. Content Type(s): Upcoming events