News

• August 25, 2015

  The Long-Term Evolution of House Prices: An International Perspective

  Remarks Lawrence L. Schembri Canadian Association for Business Economics Kingston, Ontario

  Deputy Governor Lawrence Schembri discusses the international evidence of underlying determinants of long-term movements in house prices.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, International topics, Sectoral balance sheet
• August 18, 2015

  Bank of Canada Announces the Recipient of its 2015 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Media Relations Ottawa, Ontario

  This award, which has been presented since 2004, recognizes the outstanding achievements of criminal justice professionals and educators involved in the prevention and deterrence of bank note counterfeiting in Canada.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• July 27, 2015

  Bank of Canada Publishes 2016 Schedule for Policy Interest Rate Announcements and Release of the Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2016 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.

  Content Type(s): Press, Press releases
• July 15, 2015

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Monetary policy, Monetary policy implementation, Recent economic and financial developments, Regional economic developments
• July 15, 2015

  Bank of Canada lowers overnight rate target to 1/2 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 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.

  Content Type(s): Press, Press releases
• July 15, 2015

  Monetary Policy Report – July 2015

  

  Economic growth in Canada is projected to average just over 1 per cent in 2015 and about 2 1/2 per cent in 2016 and 2017.

  Content Type(s): Publications, Monetary Policy Report
• July 6, 2015

  Business Outlook Survey - Summer 2015

  The summer Business Outlook Survey points to a diverging outlook across regions. While there are some encouraging signs, owing in part to strengthening U.S. demand, weak oil prices continue to significantly dampen economic perspectives in affected sectors and regions.

  Content Type(s): Publications, Business Outlook Survey
• July 6, 2015

  Senior Loan Officer Survey - Second-Quarter 2015

  The survey results suggest that, overall, business-lending conditions were broadly unchanged during the second quarter of 2015.

  Content Type(s): Publications, Senior Loan Officer Survey
• June 25, 2015

  Building Trust, Not Walls: The Case for Cross-Border Financial Integration

  Remarks Lawrence L. Schembri Windsor–Essex Regional Chamber of Commerce Windsor, Ontario

  Deputy Governor Lawrence Schembri discusses the need to address cross-border obstacles to greater financial integration.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Financial institutions, Financial markets, Financial stability, Financial system regulation and policies, International financial markets, International topics
• June 11, 2015

  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 Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet