November 9, 2020
News
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November 5, 2020
Bank of Canada Senior Deputy Governor Carolyn A. Wilkins to leave the Bank in December
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. -
November 4, 2020
Advertisement for the position of Senior Deputy Governor of the Bank of Canada
Carolyn A. Wilkins has announced she will not seek a second term as Senior Deputy Governor. Learn more about this leadership opportunity. -
October 28, 2020
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. -
October 28, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program
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. -
October 28, 2020
Monetary Policy Report – October 2020
The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.
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October 19, 2020
Business Outlook Survey—Autumn 2020
With many containment measures related to the COVID-19 pandemic being lifted, results from the autumn Business Outlook Survey suggest that business sentiment has improved but remains weak across all regions. Businesses expect the pace of the recovery in their sales to slow. -
October 19, 2020
Canadian Survey of Consumer Expectations—Third Quarter of 2020
The Canadian Survey of Consumer Expectations (CSCE) collects respondents’ views on inflation, the labour market and household finances. The survey for the third quarter of 2020 was conducted from August 17 to September 1, 2020. Reported COVID‑19 cases have risen in some provinces since the survey was conducted. The survey included questions, introduced in the previous quarter, on the impacts of COVID‑19 and the measures to contain its spread, along with new questions on how the pandemic is affecting households’ savings. -
October 9, 2020
Central banks and BIS publish first central bank digital currency (CBDC) report laying out key requirements
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. -
October 8, 2020
COVID‑19 and the financial system
Governor Tiff Macklem discusses financial risks from the COVID-19 pandemic that are affecting our economy and that could shape how well it recovers. He also talks about financial risks from climate change.