October 27, 2021 Monetary Policy Report – October 2021 The Canadian economy is once again growing robustly, and the recovery from COVID-19 continues. The Bank is forecasting growth of around 5 percent in 2021, 4 ¼ percent in 2022 and 3 ¾ percent in 2023. Content Type(s): Publications, Monetary Policy Report
October 17, 2006 Bank of Canada keeps target for the overnight rate at 4 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is maintaining its target for the overnight rate at 4 1/4 per cent. Content Type(s): Press, Press releases
September 28, 2015 Blackout guidelines Consult our "blackout" guidelines for communications around fixed announcement dates.
April 13, 2022 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
December 31, 2018 Research Update - December 2018 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
February 24, 2012 A Monetary Policy Framework for All Seasons Remarks Mark Carney U.S. Monetary Policy Forum New York, New York Governor Mark Carney reviews the advantages of Canada’s flexible inflation-targeting regime. Content Type(s): Press, Speeches and appearances, Remarks
May 30, 2013 Quarterly Financial Report - First Quarter 2013 Quaterly Financial Report - First Quarter 2013 - For the period ended 31 May 2013 Content Type(s): Publications, Quarterly Financial Report
May 16, 2016 Estimating Canada’s Effective Lower Bound Bank of Canada Review - Spring 2016 Jonathan Witmer, Jing Yang Recently, the Bank of Canada has estimated the effective lower bound (ELB) on its policy interest rate to be about -50 basis points. This article outlines the analysis that underpins that estimate by quantifying the costs of storing and using cash in Canada. It also explores how some international markets have adapted to negative interest rates, issues surrounding their implementation, as well as their transmission to other interest rates in the economy. Finally, it discusses theoretical ideas on how the ELB could be reduced further. Content Type(s): Publications, Bank of Canada Review articles JEL Code(s): D, D5, D53, E, E4, E43, E5, E52, E58
April 21, 2021 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
August 29, 2018 Quarterly Financial Report - Second Quarter 2018 Quarterly Financial Report - Second Quarter 2018 - For the period ended 30 June 2018 Content Type(s): Publications, Quarterly Financial Report