April 14, 2007 Bank of Canada Review - Spring 2007 Cover page Gas Cards All gas cards pictured here are part of the National Currency Collection of the Bank of Canada. Content Type(s): Publications, Bank of Canada Review
September 30, 2015 Overnight reverse repos The Bank conducts overnight reverse repo (ORR) operations to ensure the effective implementation of our monetary policy framework. These operations withdraw liquidity intraday, reinforcing the Bank’s target for the overnight rate.
November 18, 2010 Financial Stress, Monetary Policy, and Economic Activity Bank of Canada Review - Autumn 2010 Fuchun Li, Pierre St-Amant The recent global crisis was characterized by a remarkable intensity in the negative feedback process between financial sector developments and the real economy. Content Type(s): Publications, Bank of Canada Review articles
June 10, 2026 Bank of Canada Interest Rate Announcement On Wednesday, June 10, 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. Content Type(s): Press, Media advisories
September 17, 2025 Bank of Canada Interest Rate Announcement On Wednesday, September 17, 2025, 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. Content Type(s): Press, Media advisories
December 10, 2025 Bank of Canada Interest Rate Announcement On Wednesday, December 10, 2025, 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. Content Type(s): Press, Media advisories
Repo Market Functioning when the Interest Rate Is Low or Negative Staff discussion paper 2017-3 Jean-Sébastien Fontaine, James Hately, Adrian Walton This paper investigates how a low or negative overnight interest rate might affect the Canadian repo markets. The main conclusion is that the repo market for general collateral will continue to function effectively. Content Type(s): Staff research, Staff discussion papers JEL Code(s): D, D4, G, G1, G10, G12 Research Theme(s): Financial markets and funds management, Market functioning, Market structure
July 12, 2023 Bank of Canada raises policy rate 25 basis points, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is also continuing its policy of quantitative tightening. Content Type(s): Press, Press releases
March 12, 2025 Bank of Canada Interest Rate Announcement On Wednesday, March 12, 2025, 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. Content Type(s): Press, Media advisories
June 4, 2025 Bank of Canada Interest Rate Announcement On Wednesday, June 4, 2025, 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. Content Type(s): Press, Media advisories