Press

• March 2, 2022

  Bank of Canada cancels today’s Securities Repo Operation due to internal systems issue

  The Bank of Canada has cancelled the Securities Repo Operation (SRO) for March 2, 2022 after a data processing issue prevented the settlement of this morning’s auction. The affected primary dealers have been informed.

  Content Type(s): Press, Market notices Source(s): Securities Repo Operations
• March 2, 2022

  Bank of Canada announces changes to its operations to reinforce its target for the overnight rate

  Today the Bank confirmed that monetary policy will continue to be implemented via a floor system where the interest rate on the deposit facility is equal to the target for the overnight rate. To reinforce the Bank’s overnight target rate in a floor system with excess settlement balances, the Bank is also announcing changes to its Overnight Reverse Repo (ORR) operations.

  Content Type(s): Press, Market notices Source(s): Overnight repo operations, Overnight reverse repo operations
• March 2, 2022

  Bank of Canada increases policy interest rate

  Media Relations Ottawa, Ontario

  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 %.

  Content Type(s): Press, Press releases
• February 22, 2022

  Bank of Canada announces 2021-2022 scholarship recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards  for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• February 18, 2022

  Operational details for upcoming secondary market purchases of Government of Canada securities (February 28-March 11)

  As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP).

  Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
• February 18, 2022

  Deputy Governor Lawrence Schembri to Retire from the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022.

  Content Type(s): Press, Press releases
• February 16, 2022

  Speech: University of Calgary’s School of Public Policy

  

  

  Central Bank Decision-Making in Turbulent Times — Deputy Governor Timothy Lane speaks by videoconference (13:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• February 16, 2022

  Expecting the unexpected: Central bank decision making in turbulent times

  Remarks (delivered virtually) Timothy Lane School of Public Policy, University of Calgary Calgary, Alberta

  Bank of Canada Deputy Governor Tim Lane discusses how the Bank responds to uncertainty in turbulent times.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Monetary policy and uncertainty
• February 16, 2022

  Navigating uncharted territory

  Speech summary Timothy Lane School of Public Policy, University of Calgary Calgary, Alberta

  Deputy Governor Tim Lane discusses how the Bank of Canada approached decision making during the unprecedented upheaval brought on by the COVID‑19 pandemic.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Monetary policy and uncertainty
• February 9, 2022

  Media Availability: Canadian Chamber of Commerce Canada 360 Summit

  

  

  The role of productivity in fostering non-inflationary growth — Governor Tiff Macklem takes questions from reporters by videoconference following his remarks (13:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts