January 16, 2007 Monetary Policy Report Update – January 2007 The global economy has continued to expand robustly. However, U.S. economic growth slowed in 2006, with the weakness concentrated in the automotive and housing sectors. Content Type(s): Publications, Monetary Policy Report
March 19, 2025 Bank of Canada to publish additional metrics to enhance CORRA transparency Beginning on March 19, 2025, the Bank of Canada will publish the weighted average mean and mode of the daily Canadian Overnight Repo Rate Average (CORRA) distribution alongside the existing CORRA benchmark rate, which is based on the median. Content Type(s): Press, Market notices
December 31, 2018 Research Update - December 2018 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
March 20, 2024 Summary of Governing Council deliberations: Fixed announcement date of March 6, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on March 6, 2024. Content Type(s): Publications, Summary of deliberations
November 18, 1998 Bank Rate Lowered by ¼ Percentage Point to 5¼ Per Cent Media Relations Ottawa, Ontario The Bank of Canada today lowered its Bank Rate by ¼ of one percentage point to 5¼ per cent. Content Type(s): Press, Press releases
Communicating Uncertainty in Monetary Policy Staff discussion paper 2017-14 Sharon Kozicki, Jill Vardy While central banks cannot provide complete foresight with respect to their future policy actions, it is in the interests of both central banks and market participants that central banks be transparent about their reaction functions and how they may evolve in response to economic developments, shocks, and risks to their outlooks. Content Type(s): Staff research, Staff discussion papers JEL Code(s): E, E5, E52, E58, E6, E61, E65 Research Theme(s): Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation
May 1, 2001 Release of the Monetary Policy Report Opening statement David Dodge This morning, we released our spring 2001 Monetary Policy Report. In the six months since the November 2000 Report, the pace of economic expansion in Canada has slackened, primarily because the economic slowdown in the United States has been more pronounced than anticipated. The extent of the easing in economic activity in Canada is the […] Content Type(s): Press, Speeches and appearances, Opening statements
March 20, 2020 Bank of Canada Announces Additional Measures to Support Market Functioning The Bank is announcing four measures today designed to support market functioning given the rapidly evolving uncertainty around the impact of COVID-19. Content Type(s): Press, Market notices Source(s): Contingent Term Repo Facility, Term repo operations
October 23, 2008 Monetary Policy Report – October 2008 Three major interrelated global developments are having a profound impact on the Canadian economy and making the outlook more uncertain than it was at the time of the July Monetary Policy Report Update. Content Type(s): Publications, Monetary Policy Report
December 18, 2008 Bank of Canada Announces Details of its Term PRA Facility for Private Sector Money Market Instruments In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector money market instruments announced on 28 November, the Bank of Canada announced today that it will enter into a 15-day term PRA transaction for private sector money market instruments as follows: Content Type(s): Press, Market notices