November 5, 2009 Changes to Policy Regarding the Non-Mortgage Loan Portfolio as Collateral for the Bank of Canada's Standing Liquidity Facility (SLF) Given improved conditions in funding markets, the Bank of Canada is announcing that, starting 2 February 2010, its temporary measure of allowing Large Value Transfer System (LVTS) participants to assign their non-mortgage loan portfolios as eligible collateral for LVTS and Standing Liquidity Facility (SLF) purposes will be gradually reduced from 100 per cent to 20 per cent of each participant's total pledged collateral. Content Type(s): Press, Market notices
December 5, 2013 Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014 Media Relations Ottawa, Ontario Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management. Content Type(s): Press, Press releases
May 16, 2019 Financial System Review Summary—2019 Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence L. Schembri, Lynn Patterson, Paul Beaudry In our Financial System Review, we identify the main vulnerabilities and risks to financial stability in Canada and explain how they have evolved over the past year. This issue reflects the Bank’s judgment that the vulnerabilities associated with high household debt and imbalances in the housing market have declined modestly but remain significant. The Financial System Review is a product of the Governing Council of the Bank of Canada: Stephen S. Poloz, Carolyn A. Wilkins, Timothy Lane, Lawrence Schembri, Lynn Patterson and Paul Beaudry. Content Type(s): Publications, Financial Stability Report
June 29, 2010 Bank of Canada Announces Details of its Term Repo Operation for Balance Sheet Management Purposes The Bank of Canada announced today that it will conduct a Term Repo for Balance Sheet Management Purposes operation. Content Type(s): Press, Market notices
June 29, 2011 Bank of Canada Announces Extension of Expanded Swap Facility with U.S. Federal Reserve in coordination with other central banks The Bank of Canada, the Bank of England, the European Central Bank, the Federal Reserve, and the Swiss National Bank today announced an extension of the existing temporary U.S. dollar liquidity swap arrangements through 1 August 2012. Content Type(s): Press, Market notices
October 27, 2010 Financial Globalization and Financial Instability Conference held on 27 to 29 October 2010 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
March 13, 2020 Bank of Canada lowers overnight rate target to ¾ percent Media Relations Ottawa, Ontario The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¾ percent, effective Monday, March 16, 2020. The Bank Rate is correspondingly 1 percent and the deposit rate is ½ percent. This unscheduled rate decision is a proactive measure taken in light of the negative shocks to Canada’s economy arising from the COVID-19 pandemic and the recent sharp drop in oil prices. Content Type(s): Press, Press releases
July 15, 2015 Bank of Canada lowers overnight rate target to 1/2 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. Content Type(s): Press, Press releases
May 21, 2020 Quarterly Financial Report - First Quarter 2020 Quarterly Financial Report - First Quarter 2020 - For the period ended March 31, 2020 Content Type(s): Publications, Quarterly Financial Report
February 2, 2012 Understanding Intraday Payment Flows in the Large Value Transfer System Financial System Review - December 2002 Lindsay Cheung Content Type(s): Publications, Financial System Review articles