September 9, 2021 Monetary policy as the recovery progresses Speech summary Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the economy needs less support. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Sectoral balance sheet
September 9, 2021 Economic progress report: Monetary policy for the recovery Remarks (delivered virtually) Tiff Macklem Fédération des chambres de commerce du Québec Montréal, Quebec Bank of Canada Governor Tiff Macklem talks about the Bank’s latest interest rate announcement and discusses how the Bank could adjust monetary policy and its quantitative easing program as the recovery progresses. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Coronavirus disease (COVID-19), Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Sectoral balance sheet
September 8, 2021 Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing Media Relations Ottawa, Ontario The Bank of Canada today held 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
September 3, 2021 Operational details for upcoming secondary market purchases of Government of Canada securities (September 13–24) 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). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
September 1, 2021 Bank of Canada designates Lynx as a systemically important payment system Media Relations Ottawa, Ontario Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Payment Clearing and Settlement Act. Content Type(s): Press, Press releases
September 1, 2021 Lynx Lynx provides the setting in which the Bank of Canada conducts its monetary policy. Effective September 2021, it replaced the Large Value Transfer System (LVTS).
September 1, 2021 Statement of Policy Governing the Acquisition and Management of Financial Assets for the Bank of Canada’s Balance Sheet The Statement of Policy establishes the policy governing the acquisition and management of financial assets for the Bank’s balance sheet. It does not apply to the assets of the Bank’s pension trust fund or supplementary trust fund.
September 1, 2021 Bank of Canada launches the 2022 Fellowship Program awards The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2022 Fellowship and Governor’s awards. Content Type(s): Press, Announcements Source(s): Fellowship Program