Press

• October 25, 2023

  Bank of Canada maintains policy rate, continues quantitative tightening

  Media Relations Ottawa, Ontario

  The Bank of Canada today held its target for the overnight rate at 5%, with the Bank Rate at 5¼% and the deposit rate at 5%.

  Content Type(s): Press, Press releases
• October 25, 2023

  Bank of Canada interest rate announcement and release of the Monetary Policy Report

  On Wednesday, October 25, 2023, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. The Bank will also publish its quarterly Monetary Policy Report (MPR) at the same time as the rate decision.

  Content Type(s): Press, Media advisories
• October 16, 2023

  CFIF recommends path for winding down BA market

  Bankers’ Acceptances (BAs) will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication in June 2024.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
• October 16, 2023

  The Bank of Canada releases the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations

  On Monday, October 16, 2023, the Bank of Canada will release the third quarter issue of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

  Content Type(s): Press, Media advisories
• October 13, 2023

  Bank of Canada designates additional prominent payment systems

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Tiff Macklem has designated Visa Inc.’s VisaNet, Mastercard International Inc.’s Global Clearing Management System and Single Message System, and Interac Corp.’s Inter-Member Network as prominent payment systems under the Payment Clearing and Settlement Act, effective October 16, 2023.

  Content Type(s): Press, Press releases
• October 13, 2023

  Media roundtable with Governor Macklem

  As is customary, Tiff Macklem, Governor of the Bank of Canada, will today hold a virtual roundtable with journalists from the sidelines of the IMF meetings in Marrakech, Morocco.

  Content Type(s): Press, Media advisories
• October 3, 2023

  Bank of Canada Media Interview – Le Devoir

  Nicolas Vincent, Deputy Governor of the Bank of Canada, gave an interview to Le Devoir.

  Content Type(s): Press, Media advisories
• October 3, 2023

  Bank of Canada Media Interview – Midi info

  Nicolas Vincent, Deputy Governor of the Bank of Canada, gave an interview to Radio-Canada’s Alec Castonguay.

  Content Type(s): Press, Media advisories
• October 3, 2023

  Speech: The Chamber of Commerce of Metropolitan Montreal

  

  

  Pricing practices and monetary policy — External Non-executive Deputy Governor Nicolas Vincent speaks before The Chamber of Commerce of Metropolitan Montreal. (08:40 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• October 3, 2023

  How price setting influences inflation

  Speech summary Nicolas Vincent Chamber of Commerce of Metropolitan Montreal Montréal, Quebec

  Deputy Governor Nicolas Vincent talks about how companies set their prices, how those practices changed during the pandemic and why this remains a risk for inflation.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Firm dynamics, Inflation and prices, Price stability