Press

• March 12, 2021

  Bank of Canada announces changes to securities repo operations

  In line with its objectives to support core funding markets and to foster the well-functioning of the Government of Canada securities market, the Bank of Canada is announcing changes to securities repo operations (SROs).

  Content Type(s): Press, Market notices Source(s): Securities Repo Operations
• March 11, 2021

  Media Availability: Restaurants Canada

  

  

  Savings in the time of COVID-19, and the outlook for household spending — Deputy Governor Lawrence Schembri takes questions from reporters by videoconference following his remarks (14:45 (ET) approx.). 

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 11, 2021

  Speech: Restaurants Canada

  

  

  Savings in the time of COVID-19, and the outlook for household spending — Deputy Governor Lawrence Schembri speaks by videoconference to Restaurants Canada (13:30 (ET) approx.). 

  Content Type(s): Press, Speeches and appearances, Webcasts
• March 11, 2021

  COVID-19, savings and household spending

  Remarks (delivered virtually) Lawrence L. Schembri Restaurants Canada Toronto, Ontario

  Deputy Governor Lawrence Schembri talks about the Bank’s latest interest rate announcement and discusses how COVID-19 has affected savings and the outlook household spending.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Domestic demand and components, Monetary policy, Recent economic and financial developments, Service sector
• March 11, 2021

  Household consumption in a pandemic

  Speech summary Lawrence L. Schembri Restaurants Canada Toronto, Ontario

  Deputy Governor Lawrence Schembri talks about how COVID-19 has affected household saving and spending patterns and discusses the Bank’s decision yesterday to leave the policy rate unchanged.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Domestic demand and components, Monetary policy, Recent economic and financial developments, Service sector
• March 10, 2021

  Bank of Canada will hold current level of policy rate until inflation objective is sustainably achieved, continues quantitative easing

  Media Relations Ottawa, Ontario

  The Bank of Canada today held 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. The Bank is maintaining its extraordinary forward guidance, reinforced and supplemented by its quantitative easing (QE) program, which continues at its current pace of at least $4 billion per week.

  Content Type(s): Press, Press releases
• March 8, 2021

  Operational details for upcoming secondary market purchases of Government of Canada securities (March 15-26)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• February 26, 2021

  Law Enforcement Award of Excellence for Counterfeit Deterrence

  The call for nominations is open until April 30, 2021.

  Content Type(s): Press, Announcements
• February 25, 2021

  New strategy embeds diversity and inclusion into Bank of Canada’s work

  The Bank of Canada has long recognized that the inclusion of diverse identities and ideas fosters innovative thinking that results in better policy outcomes for Canadians. It’s also the right thing to do. With today’s publication of its Diversity and Inclusion Strategy, the Bank is reinforcing its commitments to reduce any barriers to employment and support employees, while embedding diversity and inclusion into every aspect of its work.

  Content Type(s): Press, Announcements
• February 23, 2021

  Media Availability: Edmonton Chamber of Commerce and the Calgary Chamber of Commerce

  

  

  Labour market impacts of COVID and sectoral implications — Governor Tiff Macklem speaks by videoconference before the Edmonton Chamber of Commerce and the Calgary Chamber of Commerce. (13:50 (ET) approx.)

  Content Type(s): Press, Speeches and appearances, Webcasts