News

• November 12, 2019

  Cyber Security: Breaking Down Barriers

  Remarks Filipe Dinis Information Technology Association of Canada Toronto, Ontario

  Chief Operating Officer Filipe Dinis discusses the need for greater collaboration across sectors to enhance Canada’s cyber resiliency.

  Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Cyber defenses, Cyber security, Financial stability
• October 30, 2019

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 30, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

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

  Content Type(s): Press, Press releases
• October 30, 2019

  Monetary Policy Report – October 2019

  

  The Bank projects that Canadian economy will grow by 1.5 percent this year, 1.7 percent in 2020 and 1.8 percent in 2021.

  Content Type(s): Publications, Monetary Policy Report
• October 22, 2019

  Business Outlook Survey—Autumn 2019

  Results from the autumn Business Outlook Survey indicate that business sentiment improved slightly, but regional differences are more pronounced. Positive views in Central Canada contrast with widespread weakness in the Prairies.

  Content Type(s): Publications, Business Outlook Survey
• October 22, 2019

  Senior Loan Officer Survey—Third Quarter of 2019

  For household lending, mortgage conditions ease this quarter while non-mortgage lending conditions tightened. Overall business lending conditions were unchanged, with a slight tightening in non-price conditions and unchanged price conditions.

  Content Type(s): Publications, Senior Loan Officer Survey
• September 19, 2019

  Bank of Canada announces Deputy Governor and Special Advisor appointments

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada today announced the appointment of Toni Gravelle as Deputy Governor, effective October 1, 2019. The Bank also today announced that Mark Hardisty will join the Bank as Special Advisor to the Governor for a two-year term beginning November 6, 2019.

  Content Type(s): Press, Press releases
• September 16, 2019

  Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in Canada during April 2019

  Media Relations Ottawa, Ontario

  During the month of April, the Bank of Canada and 51 other central banks and monetary authorities conducted the latest survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. This worldwide effort was coordinated by the Bank for International Settlements (BIS) and is undertaken every three years.

  Content Type(s): Press, Press releases Source(s): Canadian Foreign Exchange Committee
• September 16, 2019

  Bank of Canada announces the launch of the 2020 Fellowship Program awards

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2020 Fellowship and Governor’s awards.

  Content Type(s): Press, Announcements Source(s): Fellowship Program
• September 5, 2019

  Canadian economy resilient even as global outlook worsens

  Speech summary Lawrence L. Schembri Halifax Chamber of Commerce Halifax, Nova Scotia

  Speaking a day after we decided to hold interest rates steady, Deputy Governor Lawrence Schembri discussed the key points Governing Council considered in their decision.

  Content Type(s): Press, Speeches and appearances, Speech summaries Topic(s): Inflation and prices, Inflation targets, Monetary policy, Monetary policy framework, Recent economic and financial developments