November 9, 2020 Bank of Canada announces short list for next $5 bank note Media Relations Ottawa, Ontario The Bank of Canada today announced that the independent Advisory Council has selected a short list of eight iconic Canadians who could be featured on the next $5 bank note. Content Type(s): Press, Press releases Research Topic(s): Bank notes
November 5, 2020 Bank of Canada Senior Deputy Governor Carolyn A. Wilkins to leave the Bank in December Media Relations Ottawa, Ontario Senior Deputy Governor Carolyn A. Wilkins has informed the Bank’s Board of Directors that her last day at the Bank will be December 9, 2020. Content Type(s): Press, Press releases
October 28, 2020 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
October 28, 2020 Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program Media Relations Ottawa, Ontario The Bank of Canada today maintained 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
October 9, 2020 Central banks and BIS publish first central bank digital currency (CBDC) report laying out key requirements Media Relations Ottawa, Ontario This joint press release announces the publication of a report identifying the foundational principles necessary for any publicly available central bank digital currencies to help central banks meet their public policy objectives. Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
September 17, 2020 Bank of Canada Senior Deputy Governor Carolyn A. Wilkins will not seek second term Media Relations Ottawa, Ontario The Board of Directors of the Bank of Canada announced today that Senior Deputy Governor Carolyn A. Wilkins informed them that she will not seek a second term. Content Type(s): Press, Press releases
September 10, 2020 Supporting growth and greater opportunity Speech summary Tiff Macklem Canadian Chamber of Commerce Ottawa, Ontario Governor Tiff Macklem outlines how the COVID-19 recession has had an uneven impact on Canadians and discusses the Bank’s decision yesterday to leave the policy rate unchanged. Content Type(s): Press, Speeches and appearances, Speech summaries Research Topic(s): Coronavirus disease (COVID-19), Interest rates, Labour markets, Monetary policy, Recent economic and financial developments