March 27, 2020 Bank of Canada lowers overnight rate target to ¼ percent Media Relations Ottawa, Ontario The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic. Content Type(s): Press, Press releases
January 30, 2020 How vulnerabilities like debt can affect interest rates Speech summary Paul Beaudry Laval University Québec, Québec Deputy Governor Paul Beaudry explains to students at Laval University why financial vulnerabilities—such as household debt—are important for the Bank of Canada when it sets interest rates. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
December 23, 2004 Bank of Canada Lender-of-Last-Resort Policies Financial System Review - December 2004 The Bank of Canada has distinct roles as a lender of last resort. This article outlines how and under what circumstances the Bank can routinely provide liquidity to facilitate payment settlement, as well as the various ways it can respond in more exceptional situations. Content Type(s): Publications, Financial System Review articles
February 25, 2020 Exploring new ways to pay Speech summary Timothy Lane CFA Montreal FinTech RDV 2020 Montréal, Quebec Deputy Governor Timothy Lane explains how the Bank of Canada is preparing for a future where Canadians may need a digital currency issued by their central bank. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Bank notes, Digital currency, Financial system, Fintech
July 28, 2021 Bank of Canada appoints Ron Morrow as Executive Director – Retail Payments Supervision Media Relations Ottawa, Ontario The Bank of Canada today announced the appointment of Ron Morrow as Executive Director – Retail Payments Supervision, effective August 9, 2021. Content Type(s): Regulatory news Subject(s): Retail payments
May 20, 2010 Qualitative Research on the Monetary Policy Report – Key Findings, 2009 Results of the Qualitative Research on the Monetary Policy Report, seeking feedback from key readers on how they use the Report and how to improve its content, design, and delivery.
July 10, 2006 Workshop on Commodity Price Issues Conference held on 10 and 11 July 2006 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
December 21, 2022 Call for papers: Themed issue in the Journal of Econometrics A themed issue in the Journal of Econometrics invites paper submissions on “Machine learning for economic policy” by May 31, 2023. Content Type(s): Press, Announcements
December 6, 2023 Bank of Canada maintains policy rate, continues quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%. The Bank is continuing its policy of quantitative tightening. Content Type(s): Press, Press releases