What happens after Governing Council sets the policy interest rate: Inside the implementation framework that makes monetary policy work Staff analytical paper 2026-45 Kaetlynd McRae Setting the target rate is the most visible part of monetary policy, but the monetary policy implementation framework is what helps ensure that decision is reflected in financial markets. Through the design and use of its tools and facilities, the Bank of Canada helps keep short-term market interest rates close to the policy target, while preserving incentives for market participants to trade and actively manage liquidity. Content Type(s): Staff research, Staff analytical paper JEL Code(s): E, E4, E41, E42, E5, E51, E52, E58 Research Theme(s): Financial markets and funds management, Funds management, Monetary policy, Monetary policy framework and transmission, Monetary policy tools and implementation, Money and payments, Payment and financial market infrastructures
September 29, 2026 Fireside chat with Toni Gravelle, Deputy Governor of the Bank of Canada On Tuesday, September 29, 2026, Toni Gravelle, Deputy Governor of the Bank of Canada, will participate in a fireside chat at the Bloomberg Canadian Finance Conference. Content Type(s): Press, Media advisories
September 29, 2026 Repo markets and monetary policy implementation Remarks Toni Gravelle Bloomberg Canadian Finance Conference New York, New York Deputy Governor Toni Gravelle discusses how the Bank of Canada is supporting resilience in repurchase agreement (repo) markets and how our monetary policy implementation framework has evolved. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial markets, Financial stability, Monetary policy
September 29, 2026 Bank of Canada and OSFI Issue Joint Statement on Use of the Bank’s Standing Liquidity Facility The Bank of Canada (Bank) and the Office of the Superintendent of Financial Institutions (OSFI) are issuing this joint statement to provide clarity on the purpose and use of the Standing Liquidity Facility (SLF). Content Type(s): Press, Market notices
September 29, 2026 Sparks at Bank Sparks at Bank features insights and analysis from Bank of Canada economists and researchers. It takes its name from the intersection of Sparks and Bank streets in Ottawa where the Bank’s head office is located.
Why asking rents have surged in Canada since 2021 Sparks at Bank article Benjamin Straus Renting has become significantly more expensive in Canada in recent years. Asking rents—those advertised for vacant units—rose sharply as demand grew faster than supply. As tenants move and sign new leases, changes in asking rents gradually spread to the average rents captured in the consumer price index. Content Type(s): Staff research, Sparks at Bank article Research Theme(s): Monetary policy, Inflation dynamics and pressures, Real economy and forecasting, Structural challenges, Demographics and labour supply
September 29, 2026 Fireside Chat: Toni Gravelle, Deputy Governor Bloomberg Canadian Finance Conference New York, NY Content Type(s): Upcoming events