July 8, 2008 Bank of Canada Announces that Term PRA Maturing on 10 July will not be Renewed The Bank of Canada announced today that it will not renew the $1 billion term PRA maturing on 10 July. Content Type(s): Press, Market notices
July 14, 2005 Monetary Policy Report Update – July 2005 The update on global and Canadian economic developments presented in this Report highlights three issues. Content Type(s): Publications, Monetary Policy Report
June 23, 2008 Bank of Canada Announces that Term PRA Maturing on 26 June will not be Renewed The Bank of Canada announced today that it will not renew the $1 billion term PRA maturing on 26 June. Content Type(s): Press, Market notices
January 27, 2005 Monetary Policy Report Update – January 2005 The adjustment of the Canadian economy to major global developments continues to shape the economic outlook. Content Type(s): Publications, Monetary Policy Report
June 27, 2018 Let Me Be Clear: From Transparency to Trust and Understanding Remarks Stephen S. Poloz Greater Victoria Chamber of Commerce Victoria, British Columbia Governor Poloz talks about how the Bank is improving communications with the public and helping financial markets understand its monetary policy approach. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Monetary policy, Economy/Economic growth, Inflation targeting framework
November 20, 2003 Technical Note: Elimination of Retroactive Settlement in the ACSS Bank of Canada Review - Autumn 2003 Eric Tuer Effective 1 November 2003, the Bank of Canada abandoned its practice of backdating the results of settlement of payments through the Automated Clearing Settlement System (ACSS). It has adopted instead a system of "next-day" settlement under which the results of the settlement process will appear on the central bank's books on the day the items actually settle in the ACSS. Since July 1986, settlement of these items had occurred at noon the day after items were presented for clearing, but the results were recognized on the Bank's books the previous day, through backdating, or "retroactive" settlement. The new system should simplify the payments process and improve the reporting of settlement risk, as well as promote cost-effectiveness within the payments systems. ACSS participants have agreed among themselves to implement an interest-compensation mechanism in order to avoid imposing a float charge on their customer base. Content Type(s): Publications, Bank of Canada Review articles
April 23, 2003 Monetary Policy Report – April 2003 The global economic outlook has been clouded by a high degree of uncertainty, accentuated most recently by the war in Iraq. Content Type(s): Publications, Monetary Policy Report
July 27, 2023 CARR publishes its recommendations for transitioning loans from CDOR to CORRA and provides a “no new CDOR or BA loan” milestone Today, the Canadian Alternative Reference Rate working group (CARR) published a set of documents that will help support the transition of the Canadian loan market from the Canadian Dollar Offered Rate (CDOR) to the Canadian Overnight Repo Rate Average (CORRA). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
May 18, 2016 The Governor's Challenge: Participant guidelines Details on how the challenge is run, expectations for presentations, judging criteria and rules.