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Tag Archives: Bank of Canada

Bank of Canada will maintain current level of policy rate until inflation objective is achieved

Bank of Canada climate risk

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.

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Bank of Canada and OSFI launch pilot project on climate risk scenarios

Bank of Canada climate risk

The Bank of Canada and the Office of the Superintendent of Financial Institutions (OSFI) today announced plans for a pilot project to use climate-change scenarios to better understand the risks to the financial system

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