March 2, 2022
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March 2, 2022
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.
Bank of Canada announces changes to its operations to reinforce its target for the overnight rate
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
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
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
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).
Operational details for upcoming secondary market purchases of Government of Canada securities (February 28-March 11)
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
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
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