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October 19, 2020

[CARR’s mandate expanded to include analysis of CDOR][47]

October 19, 2020

[The Bank of Canada launches the CORRA Advisory Group][48]

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

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[Monetary Policy Report - October 2020][72]

The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.

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[ ![][105] ![][106] ][107]

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

2020][107]

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn A. Wilkins. (11:00 (ET) approx.).

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Monetary Policy Report - October 2020

October 28, 2020

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Available as: [PDF][128]

The Bank expects Canada’s economy to grow by almost 4 percent on average in 2021 and 2022, following a decline of about 5 ½ percent in 2020.

What you need to know about the Bank of Canada’s assessment of the Canadian economy.

Content Type(s): [Publications][129], [Monetary Policy Report][130]

[Bank of Canada will maintain current level of policy rate until

inflation objective is achieved, recaLibrates its quantitative easing program][131]

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

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

2020][107]

Release of the Monetary Policy Report - Press conference by Governor Tiff Macklem and Senior Deputy Governor Carolyn A. Wilkins. (11:00 (ET) approx.).

[Monetary Policy Report Press Conference Opening Statement][132]

Governor Tiff Macklem discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

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