BoC (Bank of Canada, in French – Banque du Canada) – central bank for the CAD and administers monetary policy of the Canada. The essential role of the bank, as Canada’s central bank, is to “promote the economic and financial well-being of Canada. BoC announcements informs everyone about the decision on interest rates
The responsibilities of the bank are: The formulation of monetary policy: As the sole issuing authority of Canadian banknotes; the promotion of a safe, sound financial system within Canada; Funds management and central banking services “for the federal government, the Bank and other clients.”Headquarters of “The Bank of Canada” are located at the Bank of Canada Building, 234 Wellington Street in the nation’s capital, Ottawa … (official website)
(BOC Interest rate – Meeting Dates)
|January||22||Interest rate announcement and Monetary Policy Report|
|March||4||Interest rate announcement|
|April||15||Interest rate announcement and Monetary Policy Report|
|June||3||Interest rate announcement|
|July||15||Interest rate announcement and Monetary Policy Report|
|September||9||Interest rate announcement|
|October||28||Interest rate announcement and Monetary Policy Report|
|December||9||Interest rate announcement|
* All rate announcements will be made at 10:00 (ET), and the Monetary Policy Report will continue to be published concurrently with the January, April, July and October rate announcements.
See other important events in “Live Forex Economic Calendar“
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