October 18, 2021
News
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October 18, 2021
Canadian Survey of Consumer Expectations—Third Quarter of 2021
This survey took place in the third quarter of 2021, after most Canadians had been fully vaccinated against COVID-19 and as the Delta variant was beginning to spread more broadly in Canada. Results suggest that consumers plan to increase their spending significantly but remain cautious because of the Delta variant. Canadians think inflation will be higher in the near term due to supply disruptions, but they do not expect this situation to last. Although expectations for labour market conditions improved again, visible minorities, Indigenous people and people with disabilities are showing signs of vulnerabilities. Canadians are not expecting significant wage gains despite recent improvements in the labour market and perceptions of higher inflation. -
October 7, 2021
Investing in global progress
Governor Tiff Macklem makes the case for greater cooperation to shape a stronger international monetary and financial system. -
September 9, 2021
Monetary policy as the recovery progresses
Governor Tiff Macklem talks about the Bank of Canada’s decision yesterday to leave the policy rate unchanged. He also talks about how the Bank could adjust monetary policy once the economy needs less support. -
September 8, 2021
Bank of Canada maintains policy rate, continues forward guidance and current pace of quantitative easing
The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ percent, with the Bank Rate at ½ percent and the deposit rate at ¼ percent. -
September 1, 2021
Bank of Canada designates Lynx as a systemically important payment system
Bank of Canada Governor Tiff Macklem has designated Lynx, which is owned and operated by Payments Canada, as a systemically important payment system under the Payment Clearing and Settlement Act. -
September 1, 2021
Bank of Canada launches the 2022 Fellowship Program awards
The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2022 Fellowship and Governor’s awards. -
July 29, 2021
Bank of Canada publishes its 2022 schedule for policy interest rate announcements, the release of the Monetary Policy Report and other major publications
The Bank of Canada today published its 2022 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report. It also reconfirmed the scheduled interest rate announcement dates for the remainder of this year. -
July 28, 2021
Bank of Canada appoints Ron Morrow as Executive Director – Retail Payments Supervision
The Bank of Canada today announced the appointment of Ron Morrow as Executive Director – Retail Payments Supervision, effective August 9, 2021. -
July 21, 2021
Sharon Kozicki appointed as Deputy Governor of the Bank of Canada
The Board of Directors of the Bank of Canada today announced the appointment of Sharon Kozicki as Deputy Governor, effective August 2, 2021.