November 14, 2013 Monetary Policy Decision Making at the Bank of Canada Bank of Canada Review - Autumn 2013 John Murray The process that the Bank of Canada follows to make its monetary policy decisions has evolved over time. This process is very information-intensive and collaborative, drawing on the expertise, judgment and analysis of many people. This article describes monetary policy decision making at the Bank, and discusses some common misconceptions about monetary policy and the process. Content Type(s): Publications, Bank of Canada Review articles
May 25, 2017 Upgrading the Payments Grid: The Payoffs Are Greater Than You Think Remarks Sylvain Leduc Payments Canada Toronto, Ontario Deputy Governor Sylvain Leduc discusses how upgrading Canada’s core payment systems will contribute to financial stability and help the Bank keep inflation on target. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Digital currency, Financial system, Financial markets, Financial stability, Fintech
Why Do Central Banks Make Public Announcements of Open Market Operations? Staff working paper 2020-35 Narayan Bulusu Central banks communicate the results of open market operations. This helps participants in financial markets more accurately estimate the prevailing demand and supply conditions in the market for overnight loans. Content Type(s): Staff research, Staff working papers JEL Code(s): D, D5, D52, E, E5, E58, G, G2, G21 Research Theme(s): Financial markets and funds management, Market functioning, Models and tools, Economic models, Monetary policy, Monetary policy tools and implementation, Money and payments, Payment and financial market infrastructures
January 23, 2002 Monetary Policy Report Update – January 2002 In the November Monetary Policy Report, the timing and extent of the recovery in economic activity in Canada this year was seen as depending crucially on geopolitical developments and on how quickly consumer and business confidence would return to normal. Content Type(s): Publications, Monetary Policy Report
April 24, 2008 Monetary Policy Report – April 2008 Growth in the global economy began to slow in the fourth quarter of 2007 and the first quarter of 2008. This reflected the effects of the slowdown in the U.S. economy and ongoing dislocations in global financial markets. Content Type(s): Publications, Monetary Policy Report
September 7, 2017 A chronology of crisis response measures (2007–2011) View the chronological list of crisis response measures the Bank of Canada took between December 12, 2007 and November 30, 2011.
December 10, 2020 Our quantitative easing operations: Looking under the hood Remarks (delivered virtually) Paul Beaudry Greater Moncton Chamber of Commerce, the Fredericton Chamber of Commerce, and the Saint John Region Chamber of Commerce Fredericton, New Brunswick, Moncton, New Brunswick, Saint John, New Brunswick Deputy Governor Paul Beaudry talks about the Bank’s latest interest rate announcement and discusses how quantitative easing supports economic recovery and the 2% inflation target. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation targeting framework
January 22, 2010 Statistics Find exchange rates, interest rates, price indexes, economic indicators and other statistical information.
April 13, 2022 Bank of Canada provides operational details for quantitative tightening and announces that it will continue to implement monetary policy using a floor system As announced on April 13, 2022, the Bank of Canada is ending the reinvestment phase of its asset purchase program and beginning quantitative tightening (QT). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
November 8, 1996 Money markets and central bank operations: Conference summary Bank of Canada Review - Autumn 1996 Mark Zelmer This article summarizes the proceedings of a conference hosted by the Bank of Canada in November 1995. The conference examined the interaction between monetary policy operations and the money market. It provided an opportunity to assess current operations before the introduction of a large-value transfer system leads the Bank to change the techniques it uses to implement monetary policy on a day-to-day basis. From the Bank's perspective, the papers prepared externally provided some useful insights into recent innovations in money markets and their implications for the implementation of monetary policy. Meanwhile, the sessions devoted to the Bank's operations in financial markets were designed to provide market practitioners and academics with further insight into how the Bank operates in these markets. Content Type(s): Publications, Bank of Canada Review articles