June 15, 2020
Find news by keyword, author, content type, location, source, topic or publication date.
Latest news
June 10, 2020
Our COVID-19 response: Keeping markets liquid
When the COVID-19 pandemic hit Canada, the Bank of Canada acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial markets—the backbone for lending and borrowing in the economy.
Content Type(s):
Publications,
The Economy, Plain and Simple
Topic(s):
Coronavirus disease (COVID-19)
June 4, 2020
Supporting markets during the crisis
Speaking a day after the Bank left the policy rate unchanged, Deputy Governor Toni Gravelle explains how efforts to keep financial markets functioning through the COVID-19 crisis will lay a solid foundation for economic recovery.
June 3, 2020
Bank of Canada maintains target for the overnight rate, scales back some market operations as financial conditions improve
The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent.
Content Type(s):
Press,
Press releases
May 28, 2020
Update: Bank of Canada asks retailers to continue accepting cash
During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure.
Content Type(s):
Press,
Announcements