March 16, 2020 Operational details for the Bank of Canada’s purchase of Canada Mortgage Bonds (CMBs) in the secondary market Consistent with the announcement that the Bank stands ready, as a proactive measure, to provide support to the Canada Mortgage Bond (CMB) market, the Bank will purchase CMBs in the secondary market through a competitive tender process. Content Type(s): Press, Market notices Source(s): Canada Mortgage Bond Purchase Program
March 17, 2020 Summary of Deliberations of Governing Council, March 13, 2020 Governing Council’s decision to cut interest rates on Friday, 13 March, 2020 took place under unique circumstances. As such, Governing Council is offering this statement of its reasoning from the decision of March 13. Content Type(s): Press, Press releases
March 27, 2020 2020-21 Debt Management Strategy Consultations and Government of Canada Real Return Bond Consultations Summaries Today, the 2020-21 Debt Management Strategy Consultations Summary and the Government of Canada Real Return Bond Consultations Summary are being published. Content Type(s): Press, Market notices
March 15, 2020 Coordinated Central Bank Action to Enhance the Provision of Global U.S. Dollar Liquidity The Bank of Canada, the Bank of England, the Bank of Japan, the European Central Bank, the Federal Reserve, and the Swiss National Bank are today announcing a coordinated action to enhance the provision of liquidity via the standing U.S. dollar liquidity swap line arrangements. Content Type(s): Press, Press releases
March 12, 2020 Bank of Canada Announces the Expansion of its Bond Buyback Program and Term Repo Operations In order to support the continuous functioning of financial markets through the provision of liquidity, the Bank of Canada announced two measures today. Content Type(s): Press, Market notices Source(s): Term repo operations
April 2, 2020 Bankers’ Acceptance Purchase Facility To support the continuous functioning of financial markets, the Bank of Canada purchases Bankers’ Acceptances (BAs) in the secondary market through the Bankers’ Acceptance Purchase Facility (BAPF).
April 6, 2020 Business Outlook Survey—Spring 2020 Results from the spring Business Outlook Survey suggest that business sentiment had softened in most regions even before concerns around COVID‑19 intensified in Canada. Confidence deteriorated the most among firms in energy-producing regions. Content Type(s): Publications, Business Outlook Survey
April 3, 2020 Bank of Canada Announces Activation of the Contingent Term Repo Facility Following the previous announcement regarding Additional Measures to Support Market Functioning, the Bank is announcing today that it is activating the Contingent Term Repo Facility (CTRF) effective Monday April 6, 2020 and that it will remain open for the next 12 months. Content Type(s): Press, Market notices Source(s): Contingent Term Repo Facility
April 1, 2020 Results of today’s Provincial Money Market Purchase program As part of the Bank of Canada’s Provincial Money Market Purchase (PMMP) program, the Bank was allocated $336.116 million of provincial treasury bills and/or promissory notes. Content Type(s): Press, Market notices Source(s): Provincial Money Market Purchase Program
March 31, 2020 Commercial Paper Purchase Program The Commercial Paper Purchase Program (CPPP) supports the flow of credit to the economy by alleviating strains in Canada’s commercial paper markets.