September 10, 2020
Press, Market notices, Press releases
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September 10, 2020
Canadian Chamber of Commerce - Press Conference (Webcasts)
Governor Tiff Macklem of the Bank of Canada takes questions from reporters after delivering a virtual speech on the key issues behind the Bank of Canada’s September 9 rate decision. (13:45 (Eastern Time) approx.)
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September 10, 2020
Economic progress report: a very uneven recovery
Governor Tiff Macklem discusses the Bank’s latest interest rate announcement and explains the uneven impact that the COVID-19 pandemic is having on different sectors and people. -
September 10, 2020
Canadian Chamber of Commerce - Speech (Webcasts)
The uneven effects of COVID-19 on different sectors and people in the economy - Tiff Macklem, the Governor of the Bank of Canada, speaks by videoconference before the Canadian Chamber of Commerce. (12:30 (Eastern Time) approx.)
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September 9, 2020
Bank of Canada maintains commitment to current level of policy rate, continues program of quantitative easing
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. The Bank is also continuing its quantitative easing (QE) program, with large-scale asset purchases of at least $5 billion per week of Government of Canada bonds. -
September 8, 2020
Operational details for upcoming secondary market purchases of Government of Canada securities (September 14-25)
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). -
September 8, 2020
Bank of Canada announces the launch of the 2021 Fellowship Program awards
The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2021 Fellowship and Governor’s awards. -
August 27, 2020
The imperative for public engagement
Governor Tiff Macklem talks about the need for the Bank to be clear, relatable and understandable when it communicates with the public. -
August 26, 2020
Towards the 2021 Renewal of the Bank of Canada’s Monetary Policy Framework (Webcast)
The workshop will take place online and be webcast live. It will consist of a series of lively and thought-provoking discussions. The invited audience includes academics, private sector economists, financial market experts, and representatives from policy think tanks and the media. -
August 26, 2020
Closing remarks
Senior Deputy Governor Carolyn A. Wilkins concluded a day-long workshop on the renewal of the monetary policy framework with a summary of the discussions, and she outlined next steps on the path to the 2021 renewal.