Press

• April 23, 2009

  Release of the Monetary Policy Report

  Opening statement Mark Carney Ottawa, Ontario

  These are difficult economic times with the Canadian economy being buffeted by an intense and synchronized global recession. In recent months, that global recession has been exacerbated by delays in implementing measures to restore financial stability around the world.

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 23, 2009

  Bank of Canada releases Monetary Policy Report

  Media Relations Ottawa, Ontario

  In the Report, the Bank noted that in an environment of continued high uncertainty, the global recession has intensified and become more synchronous since the Bank's January Monetary Policy Report Update, with weaker-than-expected activity in all major economies.

  Content Type(s): Press, Press releases
• April 22, 2009

  Results for the 22 April 2009 Term Loan Facility

  Results of today's TLF operation.

  Content Type(s): Press, Market notices
• April 21, 2009

  Results of the 21 April 2009 Term PRA Transaction for Private Sector Instruments

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• April 21, 2009

  Bank of Canada lowers overnight rate target by 1/4 percentage point to 1/4 per cent and, conditional on the inflation outlook, commits to hold current policy rate until the end of the second quarter of 2010

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of a percentage point to 1/4 per cent, which the Bank judges to be the effective lower bound for that rate.

  Content Type(s): Press, Press releases
• April 21, 2009

  Bank of Canada Announces the Minimum Bid Rate for Today's Term PRA Facility for Private Sector Instruments

  The minimum bid rate for today's 29-day Term PRA Facility for Private Sector Instruments.

  Content Type(s): Press, Market notices
• April 21, 2009

  Bank of Canada Announces New Schedule for the Bank of Canada Regular Term PRA Facility Commencing the Week of 27 April 2009

  In accordance with today’s announcement by the Bank of Canada to reinforce its conditional commitment to maintain the overnight rate at 1/4 per cent.

  Content Type(s): Press, Market notices
• April 20, 2009

  Results of the 20 April 2009 Term PRA Transaction

  Results of today's term PRA operations.

  Content Type(s): Press, Market notices
• April 17, 2009

  Bank of Canada Announces Details of its Term PRA for Private Sector Instruments Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions for private sector instruments announced on 6 March, the Bank of Canada announced today that it will conduct a 29-day term PRA operation for private sector instruments.

  Content Type(s): Press, Market notices
• April 17, 2009

  Bank of Canada Announces Details of its Term PRA Operation

  In accordance with the schedule of term purchase and resale agreement (PRA) auctions announced on 6 March, the Bank of Canada announced today that it will conduct a 29-day term PRA operation.

  Content Type(s): Press, Market notices