November 4, 2020
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October 28, 2020
Monetary Policy Report Press Conference Opening Statement
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
October 28, 2020
Bank of Canada will maintain current level of policy rate until inflation objective is achieved, recalibrates its quantitative easing program
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent.
Content Type(s):
Press,
Press releases
October 28, 2020
The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.
Monetary Policy Report – October 2020
Content Type(s):
Publications,
Monetary Policy Report
October 19, 2020
With many containment measures related to the COVID-19 pandemic being lifted, results from the autumn Business Outlook Survey suggest that business sentiment has improved but remains weak across all regions. Businesses expect the pace of the recovery in their sales to slow.
Business Outlook Survey—Autumn 2020
Content Type(s):
Publications,
Business Outlook Survey