November 3, 2003 Bank of Canada announces the elimination of retroactive settlement in the ACSS The Bank of Canada announced that, effective 1 November 2003, it will no longer backdate the results of payments settling through the Automated Clearing Settlement System (ACSS), an accounting practice that has been in place since July 1986. Content Type(s): Press, Market notices
June 21, 2012 Financing the Global Transition Remarks Mark Carney Atlantic Institute for Market Studies Halifax, Nova Scotia Governor Mark Carney discusses the central role of an open, resilient financial system to sustained global growth. Content Type(s): Press, Speeches and appearances, Remarks
The new repo tri-party Canadian Collateral Management Service: Benefits to the financial system and to the Bank of Canada Staff analytical note 2025-6 Philippe Muller, Maksym Padalko The Canadian Collateral Management Service (CCMS) is a new tri-party collateral management service offered by the TMX Group and Clearstream. CCMS will enhance Canada’s financial infrastructure for securities financing transactions, including for the repurchase, or repo, market that is a core funding market in Canada. We explain the importance of the repo market and describe the benefits of the CCMS for market participants and for the Bank of Canada. Content Type(s): Staff research, Staff analytical notes JEL Code(s): G, G1, G2, G23 Research Theme(s): Financial markets and funds management, Market functioning, Financial system, Financial institutions and intermediation, Money and payments, Payment and financial market infrastructures
September 20, 2022 Anatomy of a pandemic: Applying old lessons and learning from new ones Speech summary Paul Beaudry University of Waterloo Faculty of Arts Distinguished Lecture in Economics Waterloo, Ontario Deputy Governor Paul Beaudry describes how the lessons learned from previous economic crises helped central bankers during the global COVID-19 pandemic. He also talks about how managing inflation expectations can help bring inflation back to target. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
December 16, 2025 Money you can count on Speech summary Tiff Macklem The Chamber of Commerce of Metropolitan Montreal Montréal, Quebec Governor Tiff Macklem discusses the Bank of Canada’s role in ensuring Canadians can trust their money in all its forms. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Bank notes, Digital currency, Monetary policy, Inflation targeting framework
January 28, 2026 Monetary Policy Report—January 2026—In focus—How Canadian businesses are adapting to US tariffs Canadian businesses continue their efforts to expand exports to countries other than the United States. Trade tensions are also leading Canadian businesses to rely less on US imports.
July 11, 2018 Bank of Canada raises overnight rate target to 1 ½ per cent Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. Content Type(s): Press, Press releases
May 20, 2021 Financial System Review—2021 A stable and efficient financial system is essential for sustaining economic growth and raising living standards. In our Financial System Review, we identify the main vulnerabilities and risks in the financial system in Canada and explain how they have evolved over the past year. Content Type(s): Publications, Financial Stability Report
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
December 21, 2011 Bank of Canada Announces Details of its Term Repo for Balance Sheet Management Purposes Operation The Bank of Canada announced today that it will conduct a Term Repo Operation for Balance Sheet Management Purposes operation. Content Type(s): Press, Market notices