Following an estimated 1.9 per cent in 2012, the Canadian economy is expected to grow by 2.0 per cent in 2013 and 2.7 per cent in 2014, and to reach full capacity in the second half of 2014, later than anticipated in the October Report.
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent.
Press conference following the release of the Monetary Policy Report.
Release of the Monetary Policy Report - (Videocast) Press conference by Governor Mark Carney and Senior Deputy Governor Tiff Macklem.
Release of the Monetary Policy Report - (Audiocast) Press conference by Governor Mark Carney and Senior Deputy Governor Tiff Macklem.
We use cookies to help us keep improving this website.