Press Releases

• April 18, 2017

  Embrace automation and manage its side effects, says Senior Deputy Governor Wilkins

  Media Relations Toronto, Ontario

  Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting productivity and living standards, but they could also have less desirable side effects on the labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today.

  Content Type(s): Press, Press releases
• April 12, 2017

  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
• April 7, 2017

  Bank of Canada unveils commemorative bank note to celebrate Canada’s 150th anniversary of Confederation

  Media Relations Ottawa, Ontario

  Bank of Canada Governor Stephen S. Poloz and Parliamentary Secretary to the Minister of Finance Ginette Petitpas Taylor today unveiled a commemorative $10 bank note celebrating the 150th anniversary of Confederation.

  Content Type(s): Press, Press releases Topic(s): Bank notes