Press

• January 24, 2024

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

  On Wednesday, January 24, 2024, 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. Please note that this will take place at a new time, 09:45 (Eastern Time).

  Content Type(s): Press, Media advisories
• January 24, 2024

  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
• January 24, 2024

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• January 16, 2024

  Operational Details for Government Purchases of Canada Mortgage Bonds

  In the 2023 Fall Economic Statement, the Canadian government announced its intention to purchase Canada Mortgage Bonds (CMBs), beginning in 2024, up to an annual maximum of $30 billion while ensuring that the pace and volume of these purchases are appropriate for market conditions.

  Content Type(s): Press, Market notices Source(s): Canada Mortgage Bonds: Government purchases and holdings
• January 15, 2024

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

  On Monday, January 15, 2024, the Bank of Canada will release the fourth quarter issue of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

  Content Type(s): Press, Media advisories
• January 11, 2024

  GMF publishes the final framework on a fee for failing to settle GoC securities transactions

  The Government of Canada Market Functioning Steering Group (GMF) published today the final framework on a fee for failing to settle Government of Canada (GoC) bond and bill transactions.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum
• January 3, 2024

  Bank of Canada conducts Overnight Repo operation

  The Bank of Canada today conducted an Overnight Repo (OR) operation, which is a regular tool that is part of the Bank’s standard operating framework for implementing monetary policy.

  Content Type(s): Press, Market notices Source(s): Overnight repo operations
• December 22, 2023

  BNN Bloomberg

  

  Tiff Macklem, Governor of the Bank of Canada
  Interview with BNN Bloomberg

  Content Type(s): Press, Media activities
• December 22, 2023

  The Globe and Mail

  

  Tiff Macklem, Governor of the Bank of Canada
  Interview with The Globe and Mail

  Content Type(s): Press, Media activities
• December 21, 2023

  Summary of Comments – Summer 2023 Canada Mortgage Bonds Consultation

  In Budget 2023, the government announced its intention to hold market consultations on a proposal to consolidate Canada Mortgage Bonds (CMBs) within the regular Government of Canada (GoC) borrowing program.

  Content Type(s): Press, Market notices Source(s): Canada Mortgage Bonds: Government purchases and holdings