April 13, 2022 Bank of Canada provides operational details for quantitative tightening and announces that it will continue to implement monetary policy using a floor system As announced on April 13, 2022, the Bank of Canada is ending the reinvestment phase of its asset purchase program and beginning quantitative tightening (QT). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
April 13, 2022 Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. Content Type(s): Press, Press releases
April 13, 2022 TVA Nouvelles Tiff Macklem, Governor of the Bank of Canada Interview with TVA Nouvelles Content Type(s): Press, Media activities
April 13, 2022 Bloomberg News Tiff Macklem, Governor of the Bank of Canada Interview with Bloomberg News Content Type(s): Press, Media activities
April 4, 2022 Operational details for upcoming secondary market purchases of Government of Canada securities (April 11-22) 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
March 31, 2022 Bank of Canada announces the recipients of the 2022 Fellowship Program Awards Learn about the recipients of the Fellowship and Governor’s Awards for 2022. Content Type(s): Press, Announcements Source(s): Fellowship Program
March 25, 2022 A world of difference: Households, the pandemic and monetary policy Remarks (delivered virtually) Sharon Kozicki Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference San Francisco, California Bank of Canada Deputy Governor Sharon Kozicki discusses how differences among households affect economic outcomes, how shocks can have important uneven effects across households, and why these things matter for monetary policy. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Economic models, Housing, Inflation and prices, Labour markets, Monetary policy, Monetary policy framework, Recent economic and financial developments
March 25, 2022 Household differences and why they matter Speech summary Sharon Kozicki Federal Reserve Bank of San Francisco Macroeconomics and Monetary Policy Conference San Francisco, California Deputy Governor Sharon Kozicki talks about why differences in income, wealth and debt across households are important for the economy and what the Bank of Canada will be watching for as interest rates rise. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Central bank research, Coronavirus disease (COVID-19), Domestic demand and components, Economic models, Housing, Inflation and prices, Labour markets, Monetary policy, Monetary policy framework, Recent economic and financial developments
March 23, 2022 Bank of Canada to chair the Central Bank Network for Indigenous Inclusion in 2022 Media Relations Ottawa, Ontario The Bank of Canada announced today it has officially begun a one-year term as chair of the Central Bank Network for Indigenous Inclusion (CBNII). Content Type(s): Press, Press releases