Press

• October 23, 2024

  Bank of Canada reduces policy rate by 50 basis points to 3¾%

  Media Relations Ottawa, Ontario

  The Bank of Canada today reduced its target for the overnight rate to 3¾%, with the Bank Rate at 4% and the deposit rate at 3¾%.

  Content Type(s): Press, Press releases
• October 23, 2024

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Tiff Macklem Ottawa, Ontario

  Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the monetary policy decision.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 23, 2024

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

  On Wednesday, October 23, 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.

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

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

  On Friday, October 11, 2024, the Bank of Canada will release the third quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations.

  Content Type(s): Press, Media advisories
• October 10, 2024

  Bank of Canada to begin publishing web-based Monetary Policy Report

  The Bank of Canada will begin releasing its Monetary Policy Report (MPR) as an interactive, web-based publication on October 23, 2024.

  Content Type(s): Press, Announcements
• October 10, 2024

  Bank of Canada Media Interview – Red Deer Advocate

  Bank of Canada Deputy Governor Toni Gravelle gave an interview to the Red Deer Advocate.

  Content Type(s): Press, Media advisories
• October 10, 2024

  Bank of Canada Media Interview – rdnewsNOW

  Bank of Canada Deputy Governor Toni Gravelle gave an interview to rdnewsNOW.com.

  Content Type(s): Press, Media advisories
• October 8, 2024

  BATVN publishes an overview of the Canadian repo market

  Today, the Bankers’ Acceptance Transition Virtual Network (BATVN), established by the Canadian Fixed-Income Forum (CFIF) to support the transition away from BAs, published an overview of the Canadian repo market.

  Content Type(s): Press, Market notices Source(s): Canadian Fixed-Income Forum, Collateral Infrastructure and Market Practices Advisory Group
• October 3, 2024

  Bank of Canada Board launches process to appoint additional external Deputy Governor

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada has initiated a recruitment process to fill a new external Deputy Governor position. The Board has formed a selection committee to spearhead the selection process and has retained recruitment firm Boyden to assist with the open external search process.

  Content Type(s): Press, Press releases
• October 1, 2024

  The Bank of Canada Museum launches a new free educational resource “You Are the Economy”

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is excited to introduce “You Are the Economy,” a comprehensive suite of six free lesson plans on economic and financial literacy for Grade 7–12 students across Canada.

  Content Type(s): Press, Press releases