June 1, 2020 Operational details for upcoming secondary market purchases of Government of Canada securities (June 8-June 19) As previously announced, the Bank of Canada (the Bank) launched on April 1, 2020 a program to purchase Government of Canada securities in the secondary market – the Government Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
May 31, 2020 Research Update - May 2020 This monthly newsletter features the latest research publications by Bank of Canada economists including external publications and working papers published on the Bank of Canada’s website. Content Type(s): Staff research, Research newsletters
May 28, 2020 Update: Bank of Canada asks retailers to continue accepting cash Media Relations Ottawa, Ontario During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure. Content Type(s): Press, Announcements
May 27, 2020 Results of today’s Government of Canada Bond Purchase Program operation (Real Return Bonds) Today the Bank of Canada purchased $ 700,000,000 of Government of Canada Real Return Bonds in the secondary market. Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
May 27, 2020 What’s behind your mortgage rate Yang Xu, Yi Zheng Here’s what determines the interest rate on your mortgage—and why that rate can go up and down. Content Type(s): Publications, The Economy, Plain and Simple Topic(s): Financial services, Housing, Interest rates, Monetary policy transmission
May 26, 2020 Call for tenders for secondary market purchases of Real Return Bonds (May 27) As previously announced, the Bank of Canada (the Bank) launched a program to purchase Government of Canada securities in the secondary market: the Government of Canada Bond Purchase Program (GBPP). Content Type(s): Press, Market notices Source(s): Government of Canada Bond Purchase Program
May 26, 2020 Opening Statement before the Senate National Finance Committee Opening statement Stephen S. Poloz Senate National Finance Committee Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […] Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Coronavirus disease (COVID-19), Financial stability, Monetary policy, Monetary policy transmission, Recent economic and financial developments
May 25, 2020 CARR Meeting (May 25, 2020) Content Type(s): Meetings Source(s): Canadian Alternative Reference Rate Working Group
May 25, 2020 Dealing with extreme uncertainty Speech summary Stephen S. Poloz University of Alberta’s Eric J. Hanson Memorial Lecture Edmonton, Alberta In a lecture capping off his time as Governor, Stephen S. Poloz discusses how the Bank uses a risk management approach to deal with uncertainty about risks such as the ones associated with the COVID-19 pandemic. Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Coronavirus disease (COVID-19), Financial stability, Inflation targets, Monetary policy, Monetary policy and uncertainty, Monetary policy framework, Monetary policy implementation