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Bank of Canada

OANDA

David Grant Appointed as OANDA’s APAC COO

Industry NewsDecember 06, 2019

OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…

Bank of Canada will maintain current level of…

Central Bank AnnoucementsCentral Bank AnnouncementsCentral Bank NewsJuly 16, 2020

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The…

A Road Map to Payment Systems

Central Bank AnnoucementsCentral Bank AnnouncementsCentral Bank NewsJuly 07, 2020

About 30 million financial transactions take place in Canada daily. Ranging in size from a few cents to billions of dollars, they add up to more than $210 billion—each day, every day. That’s a lot of…

BankofCanada, Canadians, cash, target, operations, schedule

BOC: Our COVID-19 response: Supporting operations

Central Bank AnnoucementsCentral Bank NewsJuly 03, 2020

When the realities of the COVID-19 pandemic became clear, the Bank moved quickly to adapt its internal operations and support business continuity in our financial system. Solid foundation The Bank of Canada has been increasing…

bank of canada, Governor Wilkins, Liquidity

Spending patterns in a pandemic

Central Bank AnnoucementsCentral Bank AnnouncementsCentral Bank NewsJune 19, 2020

Deputy Governor Lawrence Schembri explains how household spending has changed because of COVID-19. He says the Bank expects the recovery to have two phases, with an initial bounceback from reopening giving way to a recuperation…

BankofCanada, Canadians, cash, target, operations, schedule

Bank of Canada: Opening Statement before the House…

Central Bank AnnoucementsCentral Bank NewsJune 18, 2020

Introduction Good afternoon, Chair and committee members. It is an honour for me to appear before you as the 10th Governor of the Bank of Canada. I look forward to working with parliamentarians over the…

markets

Bank of Canada: Keeping markets liquid

Central Bank AnnoucementsCentral Bank NewsJune 16, 2020

When the COVID-19 pandemic hit Canada, the Bank acted quickly. We needed to make sure the financial system worked well enough that credit could continue to flow. That meant addressing shortages of liquidity in financial…

BankofCanada, Canadians, cash, target, operations, schedule

Bank of Canada maintains target for the overnight…

Central Bank AnnoucementsJune 06, 2020

The Bank of Canada today maintained its target for the overnight rate at the effective lower bound of ¼ percent. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. Incoming…

BankofCanada, Canadians, cash, target, operations, schedule

Update: Bank of Canada asks retailers to continue…

Central Bank AnnoucementsMay 31, 2020

During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure. The Bank recognizes that these measures…

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