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
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
February 6, 2009 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 20 January, the Bank of Canada announced today that it will enter into a 14-day term PRA transaction for private sector money market instruments. Content Type(s): Press, Market notices
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
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
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
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
January 30, 2007 Annual Report 2006 The year 2006 marked a turning point for the Bank of Canada. We successfully completed our medium-term plan, The Way Forward, and began writing a fresh chapter in the Bank’s history based on a new three-year plan. In this annual report, we do more than give an accounting of past achievements. We also provide forward-looking information on the plans and priorities in our new medium-term plan. And as we advance, we are always mindful of the Bank’s original mandate, set out more than 70 years ago, to “promote the economic and financial welfare of Canada.” Content Type(s): Publications, Annual Report
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
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