Uncategorized

• May 27, 2020

  Results of today’s Government of Canada Bond Purchase Program operation (Real Return Bonds)

  Today the Bank of Canada purchased $ 700,000,000 of Government of Canada Real Return Bonds in the secondary market.

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

  What’s behind your mortgage rate

  

  Yang Xu, Yi Zheng

  Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Financial services, Housing, Interest rates, Monetary policy transmission
• May 26, 2020

  Call for tenders for secondary market purchases of Real Return Bonds (May 27)

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

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• May 26, 2020

  Opening Statement before the Senate National Finance Committee

  Opening statement Stephen S. Poloz Senate National Finance Committee Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […]

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19), Financial stability, Monetary policy, Monetary policy transmission, Recent economic and financial developments
• May 25, 2020

  CARR Meeting (May 25, 2020)

  Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
• May 25, 2020

  Dealing with extreme uncertainty

  Speech summary Stephen S. Poloz University of Alberta’s Eric J. Hanson Memorial Lecture Edmonton, Alberta

  In a lecture capping off his time as Governor, Stephen S. Poloz discusses how the Bank uses a risk management approach to deal with uncertainty about risks such as the ones associated with the COVID-19 pandemic.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial stability, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework, Monetary policy implementation
• May 25, 2020

  Risk management approach will help guide policy through unknowable times, Governor Poloz says

  Media Relations Edmonton, Alberta

  A risk management approach to monetary policy will help guide the Bank of Canada’s actions as the economy goes through extreme uncertainty stemming from the COVID-19 pandemic, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• May 25, 2020

  Monetary policy in unknowable times

  Lecture Stephen S. Poloz Eric J. Hanson Memorial Lecture University of Alberta Edmonton, Alberta

  Governor Stephen S. Poloz discusses the evolution of the way the Bank takes a risk-management approach in the conduct of monetary policy, and what this implies for the recovery from the pandemic.

  Content Type(s): Press, Speeches and appearances, Lectures Topic(s): Coronavirus disease (COVID-19), Financial stability, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework, Monetary policy implementation
• May 22, 2020

  Our COVID-19 response: Policy actions

  Timothy Lane

  In the days and weeks since the COVID-19 pandemic came to Canada, the Bank of Canada has been taking action to ensure our economy and financial system are weathering the unprecedented shock of the shutdown.

  Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Coronavirus disease (COVID-19)
• May 21, 2020

  Quarterly Financial Report - First Quarter 2020

  Quarterly Financial Report - First Quarter 2020 - For the period ended March 31, 2020

  Content Type(s): Publications, Quarterly Financial Report