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An Initial Assessment of Changes to the Bank of Canada’s Framework for Market Operations

Kaetlynd McRae, Sean Durr and David Manzo
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David Manzo: Bank of Canada, https://www.bankofcanada.ca/

Bank of Canada Review, 2017, vol. 2017, issue Autumn, 42-52

Abstract: The Bank of Canada made changes to several of the tools that make up its framework for operations and liquidity provision. These changes came about after a comprehensive re-view of the framework and are designed to help the Bank better achieve its objectives of reinforcing the target for the overnight rate and supporting the well-functioning of Cana-dian financial markets under normal market conditions.

Date: 2017
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