Press Releases

• May 26, 2016

  Bank of Canada announces appointment of Advisor in New York Office

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Sheryl King as Advisor to the Governor, effective 5 July 2016. Ms. King will represent the Bank in its New York Office.

  Content Type(s): Press, Press releases
• May 25, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• May 2, 2016

  Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act

  Media Relations Ottawa, Ontario

  The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk.

  Content Type(s): Press, Press releases