Media Relations - Latest

• June 13, 2018

  Deputy Governor Sylvain Leduc to leave the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Sylvain Leduc will leave the Bank in late July 2018. Mr. Leduc will return to San Francisco with his family to resume working at the Federal Reserve Bank of San Francisco.

  Content Type(s): Press, Press releases
• June 7, 2018

  Canada’s financial system remains resilient as vulnerabilities show further signs of easing

  Media Relations Ottawa, Ontario

  High household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities remain elevated, policy measures continue to improve the resilience of the financial system.

  Content Type(s): Press, Press releases
• May 30, 2018

  Bank of Canada maintains overnight rate target at 1¼ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1¼ per cent. The Bank Rate is correspondingly 1½ per cent and the deposit rate is 1 per cent.

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

  Bank of Canada policy helps manage risks from debt, Governor Poloz says

  Media Relations Yellowknife, Northwest Territories

  Elevated household debts make the Canadian economy more vulnerable to events that could affect growth and financial stability, and the Bank of Canada’s cautious approach to monetary policy is helping manage the risks, Governor Stephen S. Poloz said today. In a speech to the Yellowknife Chamber of Commerce, Governor Poloz said that high household debt […]

  Content Type(s): Press, Press releases
• April 18, 2018

  Bank of Canada maintains overnight rate target at 1 ¼ per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¼ per cent. The Bank Rate is correspondingly 1 ½ per cent and the deposit rate is 1 per cent.

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

  The Bank of Canada releases its Annual Report for 2017

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2017 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• March 23, 2018

  Bank of Canada announces recipients of 2018 Fellowship and Governor’s awards

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce that Stephen D. Williamson of Western University and Peter F. Christoffersen of the University of Toronto are the 2018 recipients of the Bank’s Fellowship Award.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• March 22, 2018

  Financial system safer, but job not done, says Senior Deputy Governor Wilkins

  Media Relations Toronto, Ontario

  While much has been accomplished to make the financial system more resilient, the job is not done, Senior Deputy Governor Carolyn A. Wilkins told the audience today at a conference on lessons from the crisis at the University of Toronto’s Rotman School of Management. “We have accomplished much over the past decade, and we are […]

  Content Type(s): Press, Press releases
• March 13, 2018

  Canadian economy carrying untapped potential, Bank of Canada Governor Poloz says

  Media Relations Kingston, Ontario

  The Canadian economy is carrying untapped potential that could prolong the expansion without causing inflation pressures, Governor Stephen S. Poloz said today. In a lecture at Queen’s University, Governor Poloz said that the Canadian economy is currently in the phase of the economic cycle where companies need to expand capacity to meet rising demand. “Growing […]

  Content Type(s): Press, Press releases
• March 8, 2018

  New $10 bank note featuring Viola Desmond unveiled on International Women’s Day

  Media Relations Halifax, Nova Scotia

  Finance Minister Bill Morneau and Bank of Canada Governor Stephen S. Poloz today unveiled the new $10 bank note featuring Viola Desmond during a ceremony at the Halifax Central Library.

  Content Type(s): Press, Press releases