Press Releases

• May 29, 2019

  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
• May 8, 2019

  Deputy Governor Lynn Patterson to retire from the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor Lynn Patterson will retire on July 19, 2019.

  Content Type(s): Press, Press releases
• May 6, 2019

  Canada’s mortgage market should evolve to offer more choice with less risk, Bank of Canada Governor Poloz says

  Media Relations Winnipeg, Manitoba

  Canada’s mortgage market should evolve in a way that gives Canadians more choice and helps the economy be more flexible, while lowering the level of risk in the system, Bank of Canada Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• May 2, 2019

  Central Banks of Canada and Singapore conduct successful experiment for cross-border payments using Distributed Ledger Technology

  This joint press release highlights the findings of the Jasper-Ubin experiment on cross-border, cross-currency payments using distributed ledger technology (DLT).

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech