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Source: Bankofcanada September 08, 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. The Bank is maintaining it...
Source: Bankofcanada September 01, 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 Paymen...
Source: Bankofcanada 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 ann...
Source: Bankofcanada 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. This executive-level position has been created, with en...
Source: Bankofcanada 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. As Deputy Governor, Ms....