The Bank of Canada (BOC) is Canada's central bank. The BoC carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.
The Bank of Canada (BOC) is Canada's central bank. The BoC carries out monetary policy by influencing short-term interest rates. It does this by adjusting the target for the overnight rate on eight fixed dates each year.