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Latest Investment News2019-07-16 - Bank of Canada to become the administrator of key interest rate benchmark
The Bank of Canada today announced its intention to become the administrator of the Canadian Overnight Repo Rate Average (CORRA), a key interest rate benchmark for financial markets.
2019-07-10 - Monetary Policy Report Press Conference Opening Statement
Senior Deputy Governor Carolyn A. Wilkins discusses key issues involved in the Governing Council's deliberations about the policy rate decision and the MPR.
2019-07-10 - Bank of Canada maintains overnight rate target at 1 ¾ percent
The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.
2019-07-10 - Monetary Policy Report - July 2019
The Bank updated its forecast for real economic growth to 1.3 percent this year, 1.9 percent next year and 2.0 percent in 2021.
2019-06-28 - Business Outlook Survey-Summer 2019
Results from the summer Business Outlook Survey point to a slight improvement in business sentiment after a moderation in the previous survey. Investment and hiring intentions continue to be healthy.
2019-06-28 - Senior Loan Officer Survey-Second Quarter of 2019
For household lending, mortgage conditions eased, while non-mortgage lending conditions remained unchanged. Overall business lending conditions eased slightly, driven mainly by small and commercial businesses outside the Prairies as well as corporates.
2019-06-27 - Bank of Canada announces partnership to improve resilience in financial sector
The Bank's cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021.
2019-06-17 - The Merits of a Floating Exchange Rate
Deputy Governor Lawrence Schembri explains how Canada's monetary policy framework-inflation targeting underpinned by a flexible exchange rate-has proved to be the most durable in the post-war period.
2019-06-03 - Fraudulent Investment Scheme
The Bank of Canada ("Bank") has become aware of a fraudulent investment scheme on the part of World Way Capital ("WWC").
2019-05-31 - Changes to legal tender status will take effect in 2021
In accordance with amendments to the Bank of Canada Act and the Currency Act approved by Parliament in 2018, the federal government recently decided to remove legal tender status from some older bank notes as of January 1, 2021.