March 23, 2022
Press Releases
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March 16, 2022
Bank of Canada and Massachusetts Institute of Technology announce joint Central Bank Digital Currency collaboration
The Bank of Canada and the Massachusetts Institute of Technology (MIT) today announced an agreement to collaborate on a twelve-month research project on Central Bank Digital Currency (CBDC). -
March 2, 2022
Bank of Canada increases policy interest rate
The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %.