Ottawa, Ontario
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29 July 2010 Bank of Canada Releases 2011 Schedule of Dates for Its Policy Interest Rate Announcements
The Bank of Canada today released its 2011 schedule of eight dates for announcing decisions on its key policy interest rate and confirmed the announcement dates for the remainder of this year. -
22 July 2010 Release of the Monetary Policy Report
The global economic recovery is proceeding but is not yet self-sustaining. A greater emphasis on balance sheet repair by households, banks, and governments in a number of advanced economies is expected to temper the pace of global growth relative to the Bank’s outlook in April. -
20 July 2010 Bank of Canada increases overnight rate target to 3/4 per cent
The Bank of Canada today announced that it is raising its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.