December 16, 2024 Speech: Tiff Macklem, Governor 12:35 (PT) / 15:35 (ET) Vancouver, British Columbia Content Type(s): Upcoming events
December 11, 2024 Bank of Canada reduces policy rate by 50 basis points to 3¼% Media Relations Ottawa, Ontario Automatically view the rate announcement the moment it is published. Content Type(s): Press, Press releases
December 11, 2024 Bank of Canada Interest Rate Announcement On Wednesday, December 11, 2024, the Bank of Canada will announce its decision on the target for the overnight rate. A press release will provide a brief explanation of the decision. Content Type(s): Press, Media advisories
December 11, 2024 Monetary Policy Decision Press Conference Opening Statement Opening statement Tiff Macklem Ottawa, Ontario Automatically view the opening statement the moment it is published. Content Type(s): Press, Speeches and appearances, Opening statements
December 11, 2024 Interest Rate Announcement 09:45 (ET) On eight scheduled dates each year, the Bank of Canada announces the setting for the overnight rate target in a press release explaining the factors behind the decision. Content Type(s): Upcoming events
December 2, 2024 Retail payment supervision: List of applicants Search the list of individuals and entities who have submitted a registration application with the Bank.
December 2, 2024 Bank of Canada publishes applicants’ list of retail payment service providers Media Relations Ottawa, Ontario The Bank of Canada today published the list of companies that have applied to be registered under the Retail Payment Activities Act (RPAA). Content Type(s): Press, Press releases Topic(s): Retail payments supervision
The (Mis)Allocation of Corporate News Staff Working Paper 2024-47 Xing Guo, Alistair Macaulay, Wenting Song We study how the distribution of information supply by the news media affects the macroeconomy. We find that media coverage focuses particularly on the largest firms, and that firms’ equity financing and investment increase after media coverage. But these equity and investment responses are largest among small, rarely covered firms. Our quantitative studies highlight that the aggregate effects of media coverage depend crucially on how that coverage is allocated. Content Type(s): Staff research, Staff working papers Topic(s): Financial markets, Firm dynamics JEL Code(s): D, D2, D22, D6, D61, L, L1, L11, L2, L20