Press Releases

• December 15, 2016

  Risks to financial stability largely unchanged, household vulnerabilities remain key concern

  Media Relations Ottawa, Ontario

  The overall level of risk to Canada’s financial system remains largely unchanged from six months ago, the Bank of Canada said today in the Financial System Review (FSR).

  Content Type(s): Press, Press releases
• December 12, 2016

  FSB Regional Consultative Group for the Americas discusses fintech, correspondent banking and regional vulnerabilities

  This press release, issued by the Financial Stability Board, announces that a regional consultative group co-chaired by Bank of Canada Senior Deputy Governor Carolyn A. Wilkins discussed the benefits and risks of fintech developments, including the implications of distributed ledger technology and peer-to-peer lending.

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
• December 8, 2016

  Viola Desmond chosen as the Bank NOTE-able woman to be featured on new $10 bank note

  Media Relations Gatineau, Quebec

  Governor Stephen S. Poloz, Minister of Finance Bill Morneau and Minister of Status of Women Patty Hajdu today announced that Viola Desmond will be featured on a new $10 bank note, expected in late 2018.

  Content Type(s): Press, Press releases
• December 7, 2016

  Bank of Canada maintains overnight rate target at 1/2 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
• December 1, 2016

  Bank of Canada announces details of forthcoming changes to its published foreign exchange rate data

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced a final list of the 26 foreign currency exchange rates that it will continue to publish after 1 March 2017.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee