Press Releases

• April 15, 2015

  Bank of Canada maintains overnight rate target at 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• March 30, 2015

  Bank of Canada Announces Recipient of 2015 Governor’s Award

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that Professor Matilde Bombardini of the University of British Columbia’s Vancouver School of Economics is the recipient of the Governor’s Award for 2015.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 27, 2015

  The Bank of Canada Releases Its Annual Report for 2014

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 26, 2015

  Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz

  Media Relations London, United Kingdom

  The recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, Bank of Canada Governor Stephen S. Poloz said on Thursday. In a speech to the Canada-United Kingdom Chamber of Commerce, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond […]

  Content Type(s): Press, Press releases
• March 4, 2015

  Bank of Canada maintains overnight rate target at 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• February 24, 2015

  Inflation Control Must Consider Financial Stability Concerns, Says Governor Stephen S. Poloz

  Media Relations London, Ontario

  Policymakers should heed history’s lessons as they reinvent central banking in the aftermath of the Great Recession, Bank of Canada Governor Stephen S. Poloz said today. In the inaugural President’s Lecture at Western University, the Governor discussed the evolution of central bank policy and the need to promote both price and financial stability. Many central […]

  Content Type(s): Press, Press releases
• February 10, 2015

  Economy Has Room to Grow, Says Senior Deputy Governor Carolyn Wilkins

  Media Relations Ottawa, Ontario

  The Canadian economy still has room to grow, and the sharp drop in oil prices is a setback, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Ottawa today, adding that monetary policy will support the needed adjustments. As the Bank assesses the underlying inflation pressures in the Canadian economy, it is critical that […]

  Content Type(s): Press, Press releases
• January 21, 2015

  Bank of Canada lowers overnight rate target to 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases