Category Archives for "Announcements"

Bank of Canada Rate Announcement Jun 1st 2022

Bank of Canada increases policy interest rate by 50 basis points, continues quantitative tightening.   FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario June 1, 2022 The Bank of Canada today increased its target for the overnight rate to 1½%, with the Bank Rate at 1¾% and the deposit rate at 1½%. The Bank is also […]

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Bank of Canada Rate Announcement Apr 13th 2022

Bank of Canada increases policy interest rate by 50 basis points, begins quantitative tightening. FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario April 13, 2022 The Bank of Canada today increased its target for the overnight rate to 1%, with the Bank Rate at 1¼% and the deposit rate at 1%. The Bank is also ending […]

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Bank of Canada Rate Announcement Mar 2nd, 2022

Bank of Canada increases policy interest rate.   FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario March 2, 2022 The Bank of Canada today increased its target for the overnight rate to ½ %, with the Bank Rate at ¾ % and the deposit rate at ½ %. The Bank is continuing its reinvestment phase, keeping […]

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Bank of Canada Rate Announcement Jan 26th, 2022

Bank of Canada maintains policy rate, removes exceptional forward guidance. FOR IMMEDIATE RELEASE Media Relations Ottawa, Ontario January 26, 2022 The Bank of Canada today held its target for the overnight rate at the effective lower bound of ¼ %, with the Bank Rate at ½ % and the deposit rate at ¼ %. With […]

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