August 15, 2024 Canadian Foreign Exchange Committee CFEC is a senior level industry-wide committee to facilitate the sharing of information between market participants and the Bank on the foreign exchange market.
August 15, 2024 Canadian Foreign Exchange Committee: Document of Objectives and Organization The Canadian Foreign Exchange Committee (CFEC) was founded in 1989 to provide a forum for the regular discussion of issues and developments pertinent to the foreign exchange market, including the review of market practices and procedures.
August 14, 2024 Canada Border Services Agency wins Bank of Canada counterfeit deterrence award The Bank of Canada is pleased to announce the recipients of its 2024 Law Enforcement Award of Excellence for Counterfeit Deterrence. Content Type(s): Press, Announcements
CORRA: Explaining the rise in volumes and resulting upward pressure Staff Analytical Note 2024-21 Boran Plong, Neil Maru On May 27, 2024, the settlement period for trading GoC bonds in the secondary market in Canada moved from two days to one. This shortened time for settling secondary cash bond trades caused CORRA volumes to rise significantly, and they have remained elevated since. This combined with the skew in demand for funding has pressured CORRA higher. We find no indications that any other factors are contributing to the most recent pressures on CORRA. Content Type(s): Staff research, Staff analytical notes Topic(s): Financial markets, Interest rates, Monetary policy implementation JEL Code(s): D, D4, D5, D53, E, E4, E43, E44, E5, E52, G, G1, G12
August 8, 2024 Bank of Canada engages experts to assess internal review of exceptional policy actions during pandemic Media Relations Ottawa, Ontario The Bank of Canada announced today the names of three external experts who will provide an independent assessment of its review of exceptional policy actions taken during the COVID-19 pandemic. Content Type(s): Press, Press releases
August 7, 2024 Publication: Summary of Deliberations 13:30 (ET)Bank of Canada Content Type(s): Upcoming events
August 7, 2024 Release of the Bank of Canada’s summary of deliberations On Wednesday, August 7, 2024, the Bank of Canada will publish a summary of the deliberations that took place ahead of its interest rate decision on July 24, 2024. Content Type(s): Press, Media advisories
August 7, 2024 Summary of Governing Council deliberations: Fixed announcement date of July 24, 2024 This is an account of the deliberations of the Bank of Canada’s Governing Council leading to the monetary policy decision on July 24, 2024. Content Type(s): Publications, Summary of deliberations
August 6, 2024 Bank of Canada publishes its 2025 schedule for policy interest rate announcements and other major publications Media Relations Ottawa, Ontario The Bank of Canada today published its 2025 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. Content Type(s): Press, Press releases