July 21, 2020 Bank of Canada announces changes to the amount of Government of Canada Treasury Bills acquired at auction The Bank’s short-term liquidity programs announced since March to improve market functioning are having their intended effect. Conditions in short-term funding markets have improved. In particular, strains in the Government of Canada Treasury Bill market have diminished significantly. Content Type(s): Press, Market notices
July 21, 2020 Bank of Canada announces changes to the Provincial Money Market Purchase (PMMP) program The Bank’s short-term liquidity programs announced since March to improve market functioning are having their intended effect. Conditions in short-term funding markets have improved. In particular, strains in the short-term provincial borrowing market have diminished significantly. Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
July 20, 2020 Bank of Canada announces new securities repo operations In line with its objectives to support core funding markets and to foster the well-functioning of the Government of Canada securities market, the Bank of Canada is announcing the introduction of securities repo operations (SROs). Content Type(s): Press, Market notices Source(s): Securities Repo Operations
July 17, 2020 Systemic Risk Surveillance Committee: Terms of Reference The Systemic Risk Surveillance Committee (SRSC) facilitates information sharing and collaboration among Canadian financial authorities for the purpose of monitoring and assessing systemic risk.
July 16, 2020 La Presse Tiff Macklem, Governor of the Bank of Canada Interview with La Presse Content Type(s): Press, Media activities
Average is Good Enough: Average-inflation Targeting and the ELB Staff Working Paper 2020-31 Robert Amano, Stefano Gnocchi, Sylvain Leduc, Joel Wagner The Great Recession and current pandemic have focused attention on the constraint on nominal interest rates from the effective lower bound. Content Type(s): Staff research, Staff working papers Topic(s): Business fluctuations and cycles, Economic models, Monetary policy framework JEL Code(s): E, E3, E31, E32, E5, E52
July 15, 2020 Bank of Canada Media Interview – BNN Bloomberg Tiff Macklem, Governor of the Bank of Canada, will give a live interview to Amanda Lang of BNN Bloomberg. The interview will air today at 15:00 (Eastern Time). Please check local listings or go to www.bnnbloomberg.ca for more information. Content Type(s): Press, Media advisories
July 15, 2020 BNN Bloomberg Tiff Macklem, Governor of the Bank of Canada Interview with BNN Bloomberg Content Type(s): Press, Media activities
July 15, 2020 Bank of Canada Media Interview – La Presse Tiff Macklem, Governor of the Bank of Canada, gave an interview to La Presse. The story will be available online: www.lapresse.ca. Content Type(s): Press, Media advisories