Media Relations - Latest

• 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