Press

• March 27, 2020

  COVID-19 actions - Press Conference (Webcasts) - March 2020

  

  

  COVID-19 actions - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (09:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 27, 2020

  Operational details for the secondary market purchases of Government of Canada securities

  As announced on March 27 2020, the Bank of Canada is launching a program to purchase Government of Canada securities in the secondary market.

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• March 27, 2020

  Press Conference Opening Statement – March 27, 2020

  Opening statement Stephen S. Poloz Ottawa, Ontario

  This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19)
• March 27, 2020

  Bank of Canada lowers overnight rate target to ¼ percent

  Media Relations Ottawa, Ontario

  The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic.

  Content Type(s): Press, Press releases
• March 26, 2020

  Results of today’s Provincial Money Market Purchase program

  As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $121.1 million of provincial treasury bills and/or promissory notes.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• March 26, 2020

  Results of today’s Canada Mortgage Bond purchase operation

  Today the Bank of Canada purchased $ 260,000,000 of Canada Mortgage Bonds in the secondary market.

  Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
• March 25, 2020

  Results of today’s Provincial Money Market Purchase program

  As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $279.21 million of provincial treasury bills and/or promissory notes.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• March 25, 2020

  Operational details for the upcoming Expansion of the Bank of Canada’s Bond Buyback Program

  Consistent with the announcement that the Bank of Canada (the Bank), acting as fiscal agent, will extend its buybacks across all benchmark maturity sectors, the Bank is announcing today the following operations for the next two weeks.

  Content Type(s): Press, Market notices
• March 24, 2020

  Bank of Canada Announces New Program to Support Provincial Funding Markets

  The Bank of Canada today announced a new program to support the liquidity and efficiency of provincial government funding markets.

  Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
• March 24, 2020

  COVID-19: Actions to Support the Economy and Financial System

  Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system.

  Content Type(s): Press, Announcements