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Monetary Policy Announcement:
1000ET Interest rate announcement for the overnight rate target together with a short explanation of the factors influencing the decision. Of note, this is the first time since pre-pandemic where "journalists are invited to review the rate announcement press release and the MPR (0700ET), under embargo, at the Bank's head office in Ottawa."
- The final quarterly Monetary Policy Report (MPR) for 2021 will be published at the same time as the rate decision.
- Link: BOC
- Monetary Policy Report at 1100ET. Tiff Macklem, Governor of the Bank of Canada, will hold a teleconference to discuss the Bank's base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. Link: MPR
- The next rate announcement on Wednesday, December 8, 2021, and will include the quarterly Monetary Policy Report.