April 13, 2022 Monetary Policy Report Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements
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
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
March 16, 2022 Bank of Canada and Massachusetts Institute of Technology announce joint Central Bank Digital Currency collaboration Media Relations Ottawa, Ontario The Bank of Canada and the Massachusetts Institute of Technology (MIT) today announced an agreement to collaborate on a twelve-month research project on Central Bank Digital Currency (CBDC). Content Type(s): Press, Press releases Research Topic(s): Digital currencies and fintech
March 3, 2022 Opening Statement before the House of Commons Standing Committee on Finance Opening statement (delivered virtually) Tiff Macklem House of Commons Standing Committee on Finance Ottawa, Ontario Content Type(s): Press, Speeches and appearances, Opening statements Research Topic(s): Coronavirus disease (COVID-19), Inflation and prices, Inflation targets, Interest rates, Monetary policy, Monetary policy implementation, Price stability, Recent economic and financial developments
March 2, 2022 Bank of Canada increases policy interest rate Media Relations Ottawa, Ontario The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. Content Type(s): Press, Press releases
February 22, 2022 Bank of Canada announces 2021-2022 scholarship recipients Media Relations Ottawa, Ontario The Bank of Canada is pleased to announce this year’s recipients of its scholarship awards for students with disabilities, Indigenous students and students who identify as a woman or as a member of a visible minority or racialized group. Content Type(s): Press, Press releases Source(s): Scholarship awards
February 18, 2022 Deputy Governor Lawrence Schembri to Retire from the Bank of Canada Media Relations Ottawa, Ontario The Bank of Canada announced today that Deputy Governor Lawrence L. Schembri will retire on June 17, 2022. Content Type(s): Press, Press releases