Press Releases

• June 27, 2019

  Bank of Canada announces partnership to improve resilience in financial sector

  Media Relations Ottawa, Ontario

  The Bank’s cyber security strategy charts our course to reduce risk and promote resilience for the years 2019 to 2021.

  Content Type(s): Press, Press releases Source(s): Canadian Financial Sector Resiliency Group
• 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
• April 24, 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
• April 4, 2019

  The Bank of Canada releases its Annual Report for 2018

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2018 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• April 1, 2019

  Canada’s export sector shows promise in a challenging environment, Governor Poloz says

  Media Relations Iqaluit, Nunavut

  Canada’s economy can build on its traditional strengths by taking advantage of export opportunities in rapidly growing service sectors to overcome the current challenging environment, Bank of Canada Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• March 27, 2019

  Bank of Canada joins Central Banks’ and Supervisors’ Network for Greening the Financial System

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced that it has joined the Central Banks’ and Supervisors’ Network for Greening the Financial System (NGFS).

  Content Type(s): Press, Press releases Topic(s): Climate change
• March 14, 2019

  Global leverage makes financial system vulnerable, Senior Deputy Governor Wilkins says

  Media Relations Vancouver, British Columbia

  Global debt is now US$100 trillion higher than just before the financial crisis and more than three times global gross domestic product (GDP), presenting a headwind to growth and making the financial system vulnerable, Senior Deputy Governor Carolyn A. Wilkins said today.

  Content Type(s): Press, Press releases