News

• November 24, 2016

  #bankNOTEable Canadian woman will be revealed on 8 December, Bank of Canada publishes short list of five

  Media Relations Ottawa, Ontario

  On Thursday, 8 December 2016, the Minister of Finance and the Governor of the Bank of Canada will reveal which iconic Canadian woman will be featured on the next regularly circulating bank note, expected in 2018.

  Content Type(s): Press, Press releases
• November 17, 2016

  Bank of Canada Review - Autumn 2016

  

  What is the role of central banks in financial stability? How has this role changed in recent years? Bank researchers share their insights on this matter and provide an overview of recent changes the Bank has made to its Emergency Lending Assistance Policy. Researchers also provide a history of four major commodity supercycles, dating back to the early 1900s. Finally, there is discussion about structural reforms in emerging-market economies, such as China, and how these reforms influence potential growth.

  Content Type(s): Publications, Bank of Canada Review
• November 16, 2016

  Follow the Money: A Canadian Perspective on Financial Globalization

  Remarks Timothy Lane Centre for International Governance Innovation (CIGI) Waterloo, Ontario

  Deputy Governor Timothy Lane discusses the benefits and challenges of international capital mobility.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Balance of payments and components, Exchange rates, Financial markets, International financial markets, Market structure and pricing, Trade integration
• November 8, 2016

  Wood, Wheat, Wheels and the Web: Historical Pivots and Future Prospects for Canadian Exports

  Remarks Lawrence L. Schembri Atlantic Institute for Market Studies Halifax, Nova Scotia

  Deputy Governor Lawrence Schembri discusses the historical evolution and future prospects for Canadian exports.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Development economics, Exchange rates, Firm dynamics, International topics, Trade integration
• November 1, 2016

  Inflation-target renewal helps give certainty in uncertain times, Governor Poloz says

  Media Relations Vancouver, British Columbia

  The renewal of the Bank of Canada’s framework for inflation targeting will help Canadian businesses and consumers by providing certainty around their financial plans, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• November 1, 2016

  25 Years of Inflation Targets: Certainty for Uncertain Times

  Remarks Stephen S. Poloz Business Council of British Columbia Vancouver, British Columbia

  Governor Stephen S. Poloz discusses the renewal of Canada’s inflation-targeting agreement and how it continues to help the economy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Central bank research, Credibility, Inflation targets, Inflation: costs and benefits, Monetary aggregates, Monetary policy framework
• October 24, 2016

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 24, 2016

  Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target

  Media Relations Ottawa, Ontario

  The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021.

  Content Type(s): Press, Press releases
• October 24, 2016

  Letter from the Governor to the Minister of Finance regarding the Renewal of the Inflation-Control Target – Dated 21 September 2016

  Cover letter outlining the Bank’s recommendations for the target agreement, and detailing the Bank’s research of key issues related to the renewal.
• October 24, 2016

  Renewal of the Inflation-Control Target (October 2016)

  Commentary and technical data relating to the 2016 target renewal.

  Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy