April 15, 2020
Monetary Policy Report – April 2020
Canada’s economy faces two significant shocks—the plunge in global oil prices and the impact of the COVID-19 pandemic.
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April 6, 2020
Business Outlook Survey—Spring 2020
Results from the spring Business Outlook Survey suggest that business sentiment had softened in most regions even before concerns around COVID‑19 intensified in Canada. Confidence deteriorated the most among firms in energy-producing regions. -
April 6, 2020
Canadian Survey of Consumer Expectations—First Quarter of 2020
The Canadian Survey of Consumer Expectations (CSCE) focuses on respondents’ views on inflation, the labour market and household finances. The survey for the first quarter of 2020 was conducted between January 29 and February 19, 2020. Results were therefore obtained before COVID‑19 became a major concern for Canadians and affected their outlook. This is the second quarterly publication of the results of the CSCE. Data collection began in the fourth quarter of 2014. -
March 31, 2020
Bank of Canada welcomes use of new liquidity facility by financial institutions
The Bank of Canada today welcomed the move by a number of Canadian banks, including the six largest, to draw on its new Standing Term Liquidity Facility (STLF). -
March 30, 2020
Bank of Canada announces successful launch of Standing Term Liquidity Facility
The Bank of Canada announced today that it successfully launched its new Standing Term Liquidity Facility (STLF). -
March 27, 2020
Press Conference Opening Statement – March 27, 2020
This unscheduled rate decision brings the policy rate to its effective lower bound, to provide support to the Canadian financial system and to the economy during the COVID-19 pandemic. -
March 27, 2020
Bank of Canada lowers overnight rate target to ¼ percent
The Bank of Canada today lowered its target for the overnight rate by 50 basis points to ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. This unscheduled rate decision brings the policy rate to its effective lower bound and is intended to provide support to the Canadian financial system and the economy during the COVID-19 pandemic. -
March 24, 2020
COVID-19: Actions to Support the Economy and Financial System
Learn about the economic impact of the COVID-19 pandemic and the Bank’s actions to support the Canadian economy and financial system. -
March 24, 2020
Statement of G7 Finance Ministers and Central Bank Governors
Consistent with the direction from G7 Leaders, we are taking action and enhancing coordination on our dynamic domestic and international policy efforts to respond to the global health, economic, and financial impacts associated with the spread of the coronavirus disease 2019 (COVID-19). -
March 23, 2020
2020 Fellowship Program Award Recipients
Learn about the 2020 recipients of the Fellowship and Governor’s Awards.