July 24, 2024 Bank of Canada reduces policy rate by 25 basis points to 4½% Media Relations Ottawa, Ontario The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. Content Type(s): Press, Press releases
March 19, 2020 Standing Term Liquidity Facility: Terms and conditions Read the terms and conditions of the Standing Term Liquidity Facility.
The investor base for sovereign debt: Why diversification matters Staff analytical paper 2026-29 Sam Foxall, Jeffrey Gao Sovereign borrowing is rising, just as central banks are stepping back. Meanwhile, commercial bank holdings of sovereign bonds remain well below pre-global financial crisis levels. This leaves foreign investors and investment funds, often hedge funds, to absorb more of this growing supply. Their greater involvement supports liquidity and robust auction results, but it can also concentrate risk. Content Type(s): Staff research, Staff analytical paper JEL Code(s): G, G1, G18, G2, G28, H, H6, H63 Research Theme(s): Financial markets and funds management, Funds management, Market functioning, Market structure, Financial system, Financial institutions and intermediation
September 17, 2025 Bank of Canada lowers policy rate to 2½% Media Relations Ottawa, Ontario The Bank of Canada today reduced its target for the overnight rate by 25 basis points to 2.5%, with the Bank Rate at 2.75% and the deposit rate at 2.45%. Content Type(s): Press, Press releases
February 1, 2012 Measuring Financial Stress Financial System Review - December 2003 Mark Illing, Ying Liu Content Type(s): Publications, Financial System Review articles
December 19, 2001 Debt Strategy Consultations 2002-03 December 2001 Overview The purpose of the consultations is to obtain market views on issues relating to the design and operation of government debt programs for fiscal year 2002-03 and beyond. Given the outlook contained in the 2001 Budget released 10 December 2001, the debt program is projected to continue to operate at current levels and no […]
December 10, 2014 Release of the Financial System Review Opening statement Stephen S. Poloz Ottawa, Ontario Press conference following the release of the Financial System Review. Content Type(s): Press, Speeches and appearances, Opening statements
February 1, 2024 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements
February 25, 2013 Rebuilding trust in banking is vital to improving the pace of global economic recovery, says Bank of Canada Governor Mark Carney Media Relations London, Ontario While much progress has been made reforming the global financial system, to restore fully trust in banking there remains a fundamental need for financial institutions to rediscover their core values, Bank of Canada Governor Mark Carney said today in a speech at Western University in London, Ontario. The real economy relies on the financial system, […] Content Type(s): Press, Press releases