Date GMT+01:00 |
Event | Value | |||||||||||||||
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Apr, 21 13:30 |
★★★ |
Consumer Price Index
Consumer Price Index
The key gauge for inflation in Canada. Simply put, inflation reflects a decline in the purchasing power of the Canadian Dollar, meaning each Dollar buys fewer goods and services. CPI is the most obvious way to measure changes in purchasing power - the report tracks changes in the price of a basket of goods and services that a typical Canadian household might purchase. An increase in the index indicates that it takes more Dollars to purchase this same set of basic consumer items. |
0.5% m/m; 1.1% y/y | ||||||||||||||
Apr, 21 15:00 |
★★★ |
Overnight Rate
Overnight Rate
BoC Interest Rate Decision is announced by the Bank of Canada. If the BoC is hawkish about the inflationary outlook of the economy and rises the interest rates it is positive, or bullish, for the CAD. Likewise, if the BoC has a dovish view on the Canadian economy and keeps the ongoing interest rate, or cuts the interest rate it is seen as negative, or bearish. |
0.25% | ||||||||||||||
Apr, 21 15:00 |
★★★ |
BOC Rate Statement
BOC Rate Statement
This statement is the primary medium used by the Bank of Canada (BoC) to communicate with investors about monetary policy decisions, specifically those regarding interest rates. |
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Apr, 21 15:00 |
★★★ |
Bank of Canada Monetary Policy Report
Bank of Canada Monetary Policy Report
A quarterly report of the Bank of Canada’s Governing Council, presenting the Bank’s base-case projection for inflation and growth in the Canadian economy, and its assessment of risks. |
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Apr, 21 16:00 |
★★★ |
Bank of Canada Press Conference
Bank of Canada Press Conference
(BOC) Press Conference Following the Release of the Monetary Policy Report The global economic recovery is entering a new phase. |