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BOC Publishes 2021 Rate Announcement Dates

CANADA
(MNI) OTTAWA
  • Wednesday, January 20*
  • Wednesday, March 10
  • Wednesday, April 21*
  • Wednesday, June 9
  • Wednesday, July 14*
  • Wednesday, September 8
  • Wednesday, October 27*
  • Wednesday, December *
  • *Monetary Policy Report published

"Starting in 2021, the target for the overnight rate will

take effect on the business day following each rate announcement.

This differs from the Bank's current approach, whereby Governing

Council rate decisions apply immediately upon release. The Bank

is also reviewing the publication time of its interest rate

announcements, which is currently 10:00 (ET)."

MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com
MNI Ottawa Bureau | +1 613-314-9647 | greg.quinn@marketnews.com

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