News

• December 16, 2014

  Bank of Canada publishes results of consultation on bank note design principles

  Media Relations Ottawa, Ontario

  The Bank of Canada today published a summary of the comments it received in an online consultation on the principles guiding the design of the country’s bank notes.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• December 11, 2014

  Financial reform is essential but must not stifle innovation, says Bank of Canada Governor Stephen S. Poloz

  Media Relations New York, New York

  Global financial reforms have made the financial system safer, but regulators must ensure that the new rules do not stifle innovation, Bank of Canada Governor Stephen S. Poloz said today in a speech in New York on the future of the financial industry. “I see such innovation in financial intermediation as essential to fostering regulatory […]

  Content Type(s): Press, Press releases
• December 11, 2014

  Speculating on the Future of Finance

  Remarks Stephen S. Poloz Economic Club of New York New York, New York

  Governor Stephen S. Poloz discusses the global financial reforms and what they mean for the future of finance.

  Content Type(s): Press, Speeches and appearances, Remarks
• December 10, 2014

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements
• December 10, 2014

  Bank of Canada says household imbalances remain most important risk to financial stability

  Media Relations Ottawa, Ontario

  Risks to Canada’s financial system have not increased in the past six months, but high consumer debt loads and imbalances in the housing market remain a concern, the Bank of Canada said today in itsbiannual Financial System Review (FSR). “We judge that the probability of an adverse shock has eased since our June FSR,” said […]

  Content Type(s): Press, Press releases
• December 10, 2014

  Financial System Review - December 2014

  

  The Reports section of the Financial System Review examines selected issues of relevance to the Canadian and global financial systems. The December 2014 issue features two reports on important developments in the financial system: rapid growth and innovation in the market for exchange-traded funds, and the increasing significance of cyber attacks to the operational resilience of financial institutions and financial market infrastructures.

  Content Type(s): Publications, Financial Stability Report
• December 5, 2014

  Bank of Canada invites Canadians to propose design ideas for a bank note marking Canada’s 150th anniversary

  Media Relations Ottawa, Ontario

  The Bank of Canada is inviting Canadians to propose ideas for the design of a new bank note to celebrate the 150th anniversary of Confederation in 2017.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• December 3, 2014

  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
• November 18, 2014

  Inflation Targeting in the Post-Crisis Era

  Remarks Agathe Côté Calgary CFA Society Calgary, Alberta

  Deputy Governor Agathe Côté discusses the inflation-targeting framework and issues the Bank is researching in the run-up to the renewal of the framework in 2016.

  Content Type(s): Press, Speeches and appearances, Remarks
• November 13, 2014

  Bank of Canada is Keeping a Close Eye on E-Money, Says Senior Deputy Governor Carolyn Wilkins

  Media Relations Waterloo, Ontario

  The Bank of Canada is keeping a close eye on the risks posed by new forms of electronic money, given that the Bank’s job is to issue currency, promote financial stability and oversee Canada’s payment systems, Senior Deputy Governor Carolyn Wilkins said today in Waterloo, Ontario. E-money is electronically-stored value that is not linked to […]

  Content Type(s): Press, Press releases