Skip to Content News Archives Economy Energy Oil & Gas Renewables Electric Vehicles Mining Commodities Agriculture Real Estate Mortgages Mortgage Rates Finance Banking Insurance Fintech Cryptocurrency Work Wealth Smart Money Wealth Management Investor Personal Finance Family Finance Retirement Taxes High Net Worth FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials More Innovation Information Technology FP500 Podcasts Small Business Lives Told Tails Told Shopping Financial Post Store Obituaries Place a Notice Advertising Advertising With Us Advertising Solutions Postmedia Ad Manager Sponsorship Requests Classifieds Place a Classifieds ad Working Profile Settings My Subscriptions Saved Articles My Offers Newsletters Customer Service FAQ News Economy Energy Mining Real Estate Finance Work Wealth Investor FP Comment Executive Women Puzzmo Newsletters Financial Times Business Essentials HomeNewsEconomyBank of Canada scraps embargo on interest rate decision because of strikePlanned protest forces bank to cancel media lockupAuthor of the article:Last updated 1 hour ago You can save this article by registering for free here. Or sign-in if you have an account.Bank of Canada announces its interest rate decision today. Photo by HYUNGCHEOL PARK/PostmediaThe Bank of Canada won’t provide its interest rate decision on an embargoed basis to media outlets on Wednesday because of a planned protest in support of striking security guards.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Subscribe now to read the latest news in your city and across Canada.Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.Daily content from Financial Times, the world's leading global business publication.Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles, including the New York Times Crossword.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThat means there’s likely to be a slight delay in news headlines and reports about the rate decision, which will be released on the bank’s website at 9:45 a.m. New York time.Economists and traders widely expect the central bank to keep the benchmark overnight rate at 2.25 per cent for the sixth consecutive meeting.Accredited journalists usually see the decision in advance, in order to prepare reporting, but are locked away in a room and unable to publish until the bank does.SUBSCRIBER EXCLUSIVE: FP West: Energy Insider brings you behind the oilpatch’s closed doors with exclusive insights from insiders every Wednesday morning.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of FP West: Energy Insider will soon be in your inbox.We encountered an issue signing you up. Please try againHowever, about 50 unionized workers at the central bank’s offices in Ottawa and Montreal have been on strike since June 23. Earlier this week, bank officials decided to move the media lockup from its usual location at the bank’s headquarters to another site in the Canadian capital.The Bank of Canada said by email that the union plans to protest at that alternative site, so it has been forced to cancel media access.The union in question — the Public Service Alliance of Canada — said Tuesday it has filed an unfair labor practice complaint after reports that the Bank of Canada continued to use “replacement workers” to provide security. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. By continuing to use our site, you agree to our Terms of Use and Privacy Policy.