May 5, 2015
News
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April 28, 2015
Opening Statement before the House of Commons Standing Committee on Finance
Good morning, Mr. Chairman and committee members. Carolyn and I are happy to be here for one of our twice-yearly meetings on our Monetary Policy Report (MPR). Today we will outline for you the Bank’s latest economic outlook, published in our MPR on 15 April. In this volatile and uncertain environment, it is helpful to […] -
April 15, 2015
Release of the Monetary Policy Report
Press conference following the release of the Monetary Policy Report. -
April 15, 2015
Bank of Canada maintains overnight rate target at 3/4 per cent
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. -
April 15, 2015
Monetary Policy Report – April 2015
Real GDP in Canada is expected to grow by 1.9 per cent in 2015 and 2.5 per cent in 2016 and by 2.0 per cent in 2017. -
April 6, 2015
Business Outlook Survey - Spring 2015
In the spring Business Outlook Survey, lower oil prices continue to dampen the overall sales outlook of firms, weighing on investment and hiring intentions. However, a majority of businesses are benefiting from the strong economic outlook in the United States and the boost in competitiveness from the weaker Canadian dollar. -
April 6, 2015
Senior Loan Officer Survey - First-Quarter 2015
The survey results indicate that, overall, business-lending conditions were broadly unchanged during the first quarter of 2015, but tightened for the oil and gas sector.” -
March 30, 2015
Bank of Canada Announces Recipient of 2015 Governor’s Award
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. -
March 27, 2015
Annual Report 2014
In 2014, inflation remained very close to target, the economy grew at a reasonable pace and there was no material increase in financial stability risks. Nonetheless, the economy still struggled against significant global headwinds. The 2014 Annual Report highlights the Bank of Canada’s key activities and achievements over the year, including a message from Governor Stephen S. Poloz, Management’s Discussion and Analysis, and the 2014 Financial Statements. -
March 27, 2015
The Bank of Canada Releases Its Annual Report for 2014
The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today.