July 14, 2021 Monetary Policy Report 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 and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
July 14, 2021 Bank of Canada maintains policy rate and forward guidance, adjusts quantitative easing program Media Relations Ottawa, Ontario The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. Content Type(s): Press, Press releases
July 14, 2021 Bank of Canada interest rate announcement and release of the Monetary Policy Report On Wednesday, July 14, 2021, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision. Content Type(s): Press, Media advisories
July 12, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (July 19-30) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
July 12, 2021 Carolyn Rogers appointed as Senior Deputy Governor of the Bank of Canada Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada today announced that Carolyn Rogers has been appointed Senior Deputy Governor for a term of seven years beginning December 15, 2021. Content Type(s): Press, Press releases
July 6, 2021 CARR publishes results of consultation, recommended CDOR FRN fallback language The Canadian Alternative Reference Rate working group (CARR) today published the results of its consultation on its proposed methodology for calculating CORRA-in-arrears as well as draft fallback language for floating rate notes (FRNs) that reference CDOR. Content Type(s): Press, Market notices Source(s): Canadian Alternative Reference Rate Working Group
July 5, 2021 The Bank of Canada releases the summer issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations On Monday, July 5, 2021, the Bank of Canada will release the summer issue of the Business Outlook Survey and the latest results of the Canadian Survey of Consumer Expectations. Content Type(s): Press, Media advisories
June 29, 2021 Bank of Canada publishes transaction-level data for its discontinued asset purchase programs As previously announced on March 23, the Bank is publishing transaction-level data for its discontinued asset purchase programs that were introduced to support key financial markets during the COVID-19 pandemic. Content Type(s): Press, Market notices Source(s): Bankers’ Acceptance Purchase Facility, Commercial Paper Purchase Program, Corporate Bond Purchase Program, Provincial Bond Purchase Program, Provincial Money Market Purchase Program
June 28, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (July 5-16) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program