June 1, 2010 A history of the key interest rate Over the years, the Bank of Canada has adjusted the way it sets its key interest rate.
June 1, 2010 Policy interest rate The Bank carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.
June 1, 2010 Inflation Since its introduction in 1991, inflation-control targeting has made monetary policy more understandable and has helped keep the rate of inflation within acceptable limits.
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.