The Bank of Canada today announced that it has completed arrangements for all employees to telework until further notice to protect the health of our staff and reduce the risk of transmission of COVID-19.

Bank employees who perform critical business operations will continue to work at our Ottawa location and back-up operational sites.

To fulfill our role as a provider of critical infrastructure, the Bank has comprehensive business continuity plans in place. These will allow us to maintain a well-functioning payments system, and to continue our market and banking operations. We will continue to distribute currency, ensuring an adequate supply of bank notes where and when they are required. Governing Council will continue to conduct monetary policy and oversee the Bank’s work to support the functioning of Canada’s financial infrastructure.

Canadians can be assured that we take these responsibilities very seriously, and that we will continue to fulfill our mandate of promoting the economic and financial well-being of Canadians during this difficult period. As the situation evolves, our actions will be guided by the latest information and advice from public health authorities.