Monetary Policy Report - April 2020

Monetary Policy Report - April 2020

April 15, 2020
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April 30, 2020

[Operational details for the Provincial Bond Purchase

Program][46]

April 27, 2020

[Bank of Canada announces asset manager for Corporate Bond

Purchase Program][47]

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Learn how the selection process for the portrait subject of the $5 note will unfold.

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Find out what removing legal tender status means and which bank notes are affected.

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[Monetary Policy Report - April 2020][71]

Canada’s economy faces two significant shocks–the plunge in global oil prices and the impact of the COVID-19 pandemic.

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[ ![][104] ![][105] ][106]

[Monetary Policy Report - Press Conference (Webcasts) - April

2020][106]

Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (10:30 (ET) approx.).

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Monetary Policy Report - April 2020

April 15, 2020

Available as: [PDF][123]

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Canada’s economy faces two significant shocks–the plunge in global oil prices and the impact of the COVID-19 pandemic.

What you need to know about the Bank of Canada’s assessment of the Canadian economy in the face of COVID-19, and how we’re responding.

Content Type(s): [Publications][128], [Monetary Policy Report][129]

[Bank of Canada maintains overnight rate target and unveils new

market operations][130]

The Bank of Canada today maintained its target for the overnight rate at ¼ percent, which the Bank considers its effective lower bound. The Bank Rate is correspondingly ½ percent and the deposit rate is ¼ percent. The Bank also announced new measures to provide additional support to Canada’s financial system.

[Monetary Policy Report - Press Conference (Webcasts) - April

2020][106]

Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (10:30 (ET) approx.).

[Monetary Policy Report Press Conference Opening Statement][131]

Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

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