May 28, 2020
Media Relations
Latest
May 25, 2020
Risk management approach will help guide policy through unknowable times, Governor Poloz says
A risk management approach to monetary policy will help guide the Bank of Canada’s actions as the economy goes through extreme uncertainty stemming from the COVID-19 pandemic, Governor Stephen S. Poloz said today.
Content Type(s):
Press,
Press releases
May 6, 2020
The Bank of Canada Releases Its Annual Report for 2019
The Bank of Canada’s Annual Report for 2019 was tabled in the House of Commons today.
Content Type(s):
Press,
Press releases
May 1, 2020
Tiff Macklem Appointed Governor of the Bank of Canada
The Directors of the Bank of Canada, appointed under Section 9 of the Bank of Canada Act, today announced that they have appointed Tiff Macklem as Governor of the Bank of Canada for a seven-year term, effective 3 June 2020.
Content Type(s):
Press,
Press releases
April 15, 2020
Bank of Canada maintains overnight rate target and unveils new market operations
The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system.
Content Type(s):
Press,
Press releases