Press Releases

• 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
• March 7, 2018

  Bank of Canada maintains overnight rate target at 1 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.

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

  Inaugural recipients of Master’s Scholarship Award for Women in Economics and Finance announced

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the first ever recipients of its Master’s Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Press releases
• February 27, 2018

  Background information on the bank note legal tender initiative in Budget 2018

  Media Relations Ottawa, Ontario

  The Bank of Canada today published additional information on the federal government’s 2018 budget initiative to seek the authority to remove legal tender status from Canadian bank notes.

  Content Type(s): Press, Press releases
• February 12, 2018

  Wilfrid Laurier University crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  Wilfrid Laurier University has won the Bank of Canada’s third annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• February 8, 2018

  Inclusive growth can come through innovation, says Senior Deputy Governor Wilkins

  Media Relations Montebello, Quebec

  The digital economy holds promise for higher overall living standards in the future, but it could leave some behind, Senior Deputy Governor Carolyn A. Wilkins told an audience of G7 deputies today. “Technological progress will raise economic growth, although the channels through which it contributed to rising inequality in the past are still forces to […]

  Content Type(s): Press, Press releases
• January 17, 2018

  Bank of Canada increases overnight rate target to 1 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.

  Content Type(s): Press, Press releases
• January 10, 2018

  Bank of Canada announces 2017–18 scholarship recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce this year’s recipients of its Scholarship and Work Placement Program for Indigenous students and students with disabilities.

  Content Type(s): Press, Press releases Source(s): Scholarship awards