News

• October 19, 2016

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published this morning. It has been six months almost to the day since we were last here, and several of the broad themes that […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 19, 2016

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
• October 19, 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
• October 19, 2016

  Monetary Policy Report – October 2016

  

  Growth in the Canadian economy is expected to increase from 1.1 per cent this year to about 2.0 per cent in 2017 and 2018.

  Content Type(s): Publications, Monetary Policy Report
• October 7, 2016

  Business Outlook Survey - Autumn 2016

  The autumn Business Outlook Survey provides some signs of improving business prospects, as resource-related activity appears to be gradually bottoming out and foreign demand is providing steady support to firms’ sales expectations.

  Content Type(s): Publications, Business Outlook Survey
• October 7, 2016

  Senior Loan Officer Survey - Third-Quarter 2016

  Survey results suggest that overall business-lending conditions were largely unchanged during the third quarter of 2016.

  Content Type(s): Publications, Senior Loan Officer Survey
• October 6, 2016

  Both progress and setbacks as economy adjusts, says Senior Deputy Governor Wilkins

  Media Relations Trois-Rivières, Quebec

  The Canadian economy is undergoing important, complex adjustments following the drop in oil prices over the past two years and in the context of the longer trends of population aging and modest productivity growth, Senior Deputy Governor Carolyn Wilkins said today.

  Content Type(s): Press, Press releases
• October 6, 2016

  Economic Trends and Monetary Policy

  Remarks Carolyn A. Wilkins Université du Québec à Trois-Rivières Trois-Rivières, Quebec

  Senior Deputy Governor Carolyn Wilkins talks about the major trends of the Canadian economy and how they affect monetary policy.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Business fluctuations and cycles, Domestic demand and components, Inflation and prices, Monetary policy, Recent economic and financial developments, Regional economic developments
• September 28, 2016

  Bank of Canada Calls for Nominations for the 2017 Fellowship and Governor’s Awards

  Media Relations Ottawa, Ontario

  The Bank of Canada is calling for nominations under its Fellowship Program for 2017. This program provides monetary awards to foster excellence in economic and financial research in Canada, and supports the Bank’s development of partnerships with leading experts.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• September 26, 2016

  Integrating economies through trade affects monetary policy, Governor Poloz says

  Media Relations Bellingham, Washington

  In the first annual Paul Storer Memorial Lecture on Canada–US relations, given at Western Washington University, Governor Poloz said that the evolution of international trade practices, such as building global value chains and establishing foreign affiliates, suggests that economies are becoming more integrated.

  Content Type(s): Press, Press releases