Press Releases

• December 5, 2018

  Bank of Canada maintains overnight rate target at 1 ¾ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

  Content Type(s): Press, Press releases
• December 4, 2018

  Bank of Canada Announces Deputy Governor Appointment

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Paul Beaudry as Deputy Governor, effective February 18, 2019.

  Content Type(s): Press, Press releases
• November 29, 2018

  New exhibition on Viola Desmond opens at Bank of Canada Museum

  Media Relations Ottawa, Ontario

  The Bank of Canada Museum is inviting Canadians of all ages to visit the new exhibition A Noteworthy Woman, which depicts the life of Viola Desmond, an icon of the human rights and social justice movement in Canada and the first Canadian woman to appear on a regular bank note.

  Content Type(s): Press, Press releases
• November 26, 2018

  Bank of Canada announces finalists for the fourth annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the five finalist teams in the 2018–19 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• November 20, 2018

  Bank to review the monetary policy framework ahead of 2021 renewal, says Senior Deputy Governor Wilkins

  Media Relations Montréal, Quebec

  The Bank of Canada will assess a broad range of monetary policy frameworks ahead of the renewal in 2021 of the inflation-control agreement, a joint agreement between the federal government and the Bank that is renewed every five years, Senior Deputy Governor Carolyn A. Wilkins said today at McGill University’s Max Bell School of Public […]

  Content Type(s): Press, Press releases
• November 19, 2018

  New vertical $10 bank note featuring iconic Canadian Viola Desmond now in circulation

  Media Relations Winnipeg, Manitoba

  The Bank of Canada today issued the new vertical $10 bank note featuring the portrait of social justice icon Viola Desmond, during a ceremony at the Canadian Museum for Human Rights (CMHR) in Winnipeg.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• November 15, 2018

  The Bank of Canada, Bank of England and Monetary Authority of Singapore share assessment on emerging opportunities for digital transformation in cross-border payments

  This joint press release describes a preliminary report on the findings of the fourth phase of the Project Jasper research initiative.

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
• November 14, 2018

  Bank of Canada launches digital hub for promoting a stable and efficient financial system

  Media Relations Ottawa, Ontario

  Today the Bank of Canada launched the Financial System Hub, a dedicated space on the Bank’s website for timely analysis and research on financial stability issues.

  Content Type(s): Press, Press releases
• November 5, 2018

  Making sense of financial markets worth the effort, Governor Poloz says

  Media Relations London, United Kingdom

  It can be a challenge for central banks to reconcile their views of the economy with signals from financial markets, but the effort is worthwhile, Bank of Canada Governor Stephen S. Poloz says in a speech today.

  Content Type(s): Press, Press releases
• November 1, 2018

  Bank of Canada publishes staff economic projections for the first time

  Media Relations Ottawa, Ontario

  Today the Bank of Canada launched a digital database with more than 30 years of past staff economic projections of the Canadian economy.

  Content Type(s): Press, Press releases