April 16, 2002 Bank of Canada raises overnight rate target by 1/4 percentage point to 2 1/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 2 1/4 per cent. The operating band for the overnight rate is correspondingly increased, and the Bank Rate is now 2 1/2 per cent. Content Type(s): Press, Press releases
February 20, 2002 Bank of Canada Governor reviews Canada's experience with inflation targets and a flexible exchange rate Media Relations New York, New York In a speech to the Canadian Society of New York, Bank of Canada Governor David Dodge said today that Canada's monetary policy framework, based on an explicit inflation-control target and a flexible exchange rate, "has contributed importantly to putting the Canadian economy back on the right path to longer-term prosperity." Content Type(s): Press, Press releases
March 26, 2013 Bank of Canada designates SwapClear under the Payment Clearing and Settlement Act Media Relations Ottawa, Ontario The Governor of the Bank of Canada has designated SwapClear as subject to ongoing regulatory oversight by the Bank under the Payment Clearing and Settlement Act (PCSA), effective 2 April 2013. Content Type(s): Press, Press releases
October 19, 2011 Change in Minimum Bank of Canada Nominal Bond Purchases at Auctions In managing its balance sheet, the Bank of Canada acquires Government of Canada securities to offset its liabilities, which consist mainly of bank notes in circulation and deposits. Content Type(s): Press, Market notices
December 9, 2010 Contingent Capital and Bail-In Debt: Tools for Bank Resolution Financial System Review - December 2010 Chris D'Souza, Liane Orsi, Toni Gravelle, Walter Engert Content Type(s): Publications, Financial System Review articles
October 23, 2001 Bank of Canada lowers key policy interest rate by 3/4 percentage point to 2 3/4 per cent Media Relations Ottawa, Ontario The Bank of Canada today announced that it is lowering its target for the overnight rate* by three-quarters of one percentage point to 2 3/4 per cent. The operating band for the overnight rate is correspondingly lowered, and the Bank Rate is now 3 per cent. Content Type(s): Press, Press releases
June 17, 2009 Qualitative Research on the Monetary Policy Report – Key Findings, 2009 The Bank's Monetary Policy Report (MPR) has been published since May 1995. Currently, there are about 1,400 subscribers to the MPR. Some 6,100 readers are notified of its publication through Bank Messenger, an email alert service. Earlier this year, the Bank decided to seek formally, for the first time, readers' views on the MPR (its […] Content Type(s): Publications, Monetary Policy Report