News

• April 28, 2015

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good morning, Mr. Chairman and committee members. Carolyn and I are happy to be here for one of our twice-yearly meetings on our Monetary Policy Report (MPR). Today we will outline for you the Bank’s latest economic outlook, published in our MPR on 15 April. In this volatile and uncertain environment, it is helpful to […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• April 15, 2015

  Release of the Monetary Policy Report

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Monetary Policy Report.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Interest rates, Labour markets, Monetary policy, Monetary policy implementation, Recent economic and financial developments
• April 15, 2015

  Bank of Canada maintains overnight rate target at 3/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.

  Content Type(s): Press, Press releases
• April 15, 2015

  Monetary Policy Report – April 2015

  

  Real GDP in Canada is expected to grow by 1.9 per cent in 2015 and 2.5 per cent in 2016 and by 2.0 per cent in 2017.

  Content Type(s): Publications, Monetary Policy Report
• April 6, 2015

  Business Outlook Survey - Spring 2015

  In the spring Business Outlook Survey, lower oil prices continue to dampen the overall sales outlook of firms, weighing on investment and hiring intentions. However, a majority of businesses are benefiting from the strong economic outlook in the United States and the boost in competitiveness from the weaker Canadian dollar.

  Content Type(s): Publications, Business Outlook Survey
• April 6, 2015

  Senior Loan Officer Survey - First-Quarter 2015

  The survey results indicate that, overall, business-lending conditions were broadly unchanged during the first quarter of 2015, but tightened for the oil and gas sector.”

  Content Type(s): Publications, Senior Loan Officer Survey