June 1, 2010 Bank of Canada increases overnight rate target to 1/2 per cent and re-establishes normal functioning of the overnight market Media Relations Ottawa, Ontario The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 1/2 per cent. Content Type(s): Press, Press releases
June 1, 2010 Re-Establishment of the Standard Operating Framework for the Implementation of Monetary Policy Media Relations Ottawa, Ontario As part of the Bank of Canada's interest rate decision on 1 June 2010, the Bank will re-establish the standard operating framework for the implementation of monetary policy. Content Type(s): Press, Press releases
May 27, 2010 The Transmission Mechanism and the Effectiveness of Monetary Policy Actions Statement by Mark Carney, Governor of the Bank of Canada to the Standing Senate Committee on Banking, Trade and Commerce
May 26, 2010 Money market yields The market in which short-term capital is raised, invested, and traded using financial instruments such as treasury bills, bankers' acceptances, commercial paper, and bonds maturing in one year or less.
May 26, 2010 Key interest rate: Lookup tool This tool allows you to make side-by-side comparisons of changes to the Bank Rate and the target for the overnight rate over time.
May 26, 2010 Clearing and Settlement Systems Here are the agencies and initiatives that help ensure the integrity and stability of the financial system and allow market participants to comply with mandated clearing requirements.
May 26, 2010 Payment systems the Bank of Canada oversees Learn what a payment system is, how payments are processed and how the payment system is being modernized.
May 26, 2010 Lender of last resort The Bank of Canada, as Canada's central bank, is the ultimate source of liquid funds to the financial system. Learn about this role, known as “lender of last resort".
May 26, 2010 Regulatory oversight of designated clearing and settlement systems Learn about the Bank’s role in overseeing financial market infrastructure (FMIs), its oversight responsibilities and powers under Canada’s Payment Clearing and Settlement Act, and which FMIs are considered systemically important.
May 26, 2010 Financial system Canada's financial system consists of financial institutions, such as banks and credit unions; the financial markets; and payments systems.