News

• June 19, 2013

  Canada’s Economic Capacity Needs To Be Rebuilt and Confidence Strengthened, says Bank of Canada Governor Stephen S. Poloz

  Media Relations Burlington, Ontario

  For Canada’s economy to grow in a self-sustaining, self-generating fashion, capacity needs to be rebuilt and business confidence strengthened, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Oakville Chamber of Commerce. Although the Canadian economy has recovered the jobs and output lost during the recession, the structural damage caused […]

  Content Type(s): Press, Press releases
• June 13, 2013

  Financial System Review - June 2013

  

  The Governing Council judges that the risks to the Canadian financial system have decreased somewhat relative to the December FSR, but that the overall level of risk remains high. The key risks are similar to those highlighted in December, and emanate primarily from the external environment.

  Content Type(s): Publications, Financial Stability Report
• June 7, 2013

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Lynn Patterson as Special Adviser to the Governor.

  Content Type(s): Press, Press releases
• June 6, 2013

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Bank of Canada Governor Stephen S. Poloz discusses the current economic context and how that is influencing the Bank’s work of delivering confidence.

  Content Type(s): Press, Speeches and appearances, Opening statements
• June 3, 2013

  Coordinated Policies for Global Liquidity and Robust Growth

  Presentation Timothy Lane The Bank of Korea International Conference 2013 Seoul, Korea

  Deputy Governor Tim Lane discusses coordinated policies for global liquidity and growth.

  Content Type(s): Press, Speeches and appearances, Presentations
• May 29, 2013

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.

  Content Type(s): Press, Press releases
• May 21, 2013

  Canada Works

  Remarks Mark Carney Chambre de commerce du Montréal métropolitain (CCMM)/Board of Trade of Metropolitan Montreal Montréal, Quebec

  Bank of Canada Governor Mark Carney discusses the “cornerstones of Canada’s prosperity.”

  Content Type(s): Press, Speeches and appearances, Remarks
• May 21, 2013

  Canada works due to its critical foundational advantages, says Bank of Canada Governor Mark Carney

  Media Relations Montréal, Quebec

  Since the eruption of the global financial crisis, Canada has outperformed other G-7 countries because of critical foundational advantages, Bank of Canada Governor Mark Carney said today in a speech in Montréal. The Governor identified “the cornerstones of Canada’s prosperity” as responsible fiscal policy, sound monetary policy, a resilient financial system and a monetary union […]

  Content Type(s): Press, Press releases
• May 16, 2013

  Bank of Canada Review - Spring 2013

  

  This issue includes analysis of the unconventional monetary policies recently implemented by central banks, and also presents Bank research in two areas - the migration of labour between economic regions in Canada, and the asset-allocation and funding decisions for Canada’s foreign exchange reserves.

  Content Type(s): Publications, Bank of Canada Review
• May 2, 2013

  Stephen S. Poloz appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Stephen S. Poloz as Governor of the Bank of Canada for a seven-year term, effective 3 June 2013.

  Content Type(s): Press, Press releases