July 24, 2024
Press
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July 24, 2024
Press Conference: Monetary Policy Report – July 2024
Release of the Monetary Policy Report – Press conference by Governor Tiff Macklem and Carolyn Rogers, Senior Deputy Governor (10:30 (ET) approx.).
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July 24, 2024
Bank of Canada reduces policy rate by 25 basis points to 4½%
The Bank of Canada today reduced its target for the overnight rate to 4½%, with the Bank Rate at 4¾% and the deposit rate at 4½%. The Bank is continuing its policy of balance sheet normalization. -
July 24, 2024
Monetary Policy Report Press Conference Opening Statement
Governor Tiff Macklem discusses the Monetary Policy Report and the key issues involved in the Governing Council’s deliberations about the policy rate decision. -
July 24, 2024
Bank of Canada interest rate announcement and release of the Monetary Policy Report
On Wednesday, July 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. -
July 22, 2024
CFEC Releases Results of April 2024 Foreign Exchange Volume Survey
The Canadian Foreign Exchange Committee (CFEC) released today the results of its April 2024 semi-annual survey of foreign exchange volumes in Canada. -
July 15, 2024
The Bank of Canada releases the second quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations
On Monday, July 15, 2024, the Bank of Canada will release the second quarter issues of the Business Outlook Survey and the Canadian Survey of Consumer Expectations. -
July 12, 2024
Bank of Canada announces increases to the dealer and round limits for Overnight Repo operations
Effective Monday, July 15, 2024, dealer limits for Overnight Repo (OR) operations will increase to $3 billion for each eligible participant from the previous $1 billion. -
June 26, 2024
CFIF-BATVN publishes an educational primer on Canadian Asset-Backed Commercial Paper
Canadian money markets are undergoing a significant change due to the disappearance of Bankers Acceptances (BAs). BAs will no longer be issued by the major Canadian banks after the cessation of the Canadian Dollar Offered Rate’s (CDOR) publication on June 28, 2024. -
June 24, 2024
Media Availability: Winnipeg Chamber of Commerce
Workers, jobs, growth and inflation—Today and tomorrow — Governor Tiff Macklem takes questions from reporters following his remarks (15:00 (ET) approx.)