June 10, 2024 CARR provides guidance for CDOR-based loans, derivatives and securities that do not have a robust fallback in place for CDOR’s cessation post June 28, 2024 The Canadian Alternative Reference Rate working group (CARR) is providing guidance to market participants with respect to CDOR-linked loans, derivatives and securities that do not have adequate fallback language to address the cessation of CDOR following the final publication by Refinitiv Benchmark Services (UK) Limited on June 28, 2024 (the “Cessation Date”). Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
June 5, 2024 CBC News Tiff Macklem, Governor of the Bank of Canada Interview with CBC News Content Type(s): Press, Media activities
June 5, 2024 Bank of Canada reduces policy rate by 25 basis points Media Relations Ottawa, Ontario The Bank of Canada today reduced its target for the overnight rate to 4¾%, with the Bank Rate at 5% and the deposit rate at 4¾%. The Bank is continuing its policy of balance sheet normalization. Content Type(s): Press, Press releases
June 5, 2024 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision. Content Type(s): Press, Speeches and appearances, Opening statements
May 30, 2024 Future-proofing our payments systems Speech summary Ron Morrow Payments Canada SUMMIT Toronto, Ontario Executive Director of Payments, Supervision and Oversight Ron Morrow talks about how payments have evolved in Canada and why it’s important to modernize our payment infrastructure. Content Type(s): Press, Speeches and appearances, Speech summaries Subject(s): Currency, Bank notes, Digital currency, Financial system, Financial stability, Fintech, Retail payments
May 30, 2024 Laying bare the evolution of payments in Canada Remarks Ron Morrow Payments Canada SUMMIT Toronto, Ontario Ron Morrow, Executive Director of Payments, Supervision and Oversight, talks about the evolution of payments in Canada, as well as the Bank’s new supervisory role for payment service providers. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Currency, Bank notes, Digital currency, Financial system, Financial stability, Fintech, Retail payments