April 13, 2022 Understanding our policy interest rate At the heart of the Bank of Canada’s monetary policy is the target for the overnight rate. See what it is—and what it means for you. Content Type(s): Explainers Topic(s): Monetary policy
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 Monetary Policy Report – April 2022 Canadian economic activity remains strong, and employment is robust. The Bank is forecasting growth of about 4¼% in 2022, easing to 3¼% in 2023. Content Type(s): Publications, Monetary Policy Report
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