Bank of Canada Says Computer-System Breakdown Resolved

Dow Jones03-25 19:57

By Paul Vieira

OTTAWA--The Bank of Canada said Wednesday it has resolved an issue with its computer systems, and will proceed with its regular schedule for market operations.

The central bank issued a notice after the close of markets on Tuesday warning market participants that a planned auction was being delayed due to the technology breakdown, and that it was possible other market operations could be affected. A spokesman said Tuesday that the computer issue was not related to a cyberattack.

Following the fix, the central bank will conduct an auction of excess cash reserves as originally planned.

Besides setting interest rates, the Bank of Canada acts as the government of Canada's fiscal agent, so it is in charge of handling the issuance of sovereign debt securities and managing the foreign-exchange reserves.

Write to Paul Vieira at paul.vieira@wsj.com

(END) Dow Jones Newswires

March 25, 2026 07:57 ET (11:57 GMT)

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