September 5, 2018
Press Releases
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July 31, 2018
Bank of Canada publishes its 2019 schedule for policy interest rate announcements, the release of the Monetary Policy Report, the Business Outlook Survey and the Senior Loan Officer Survey
The Bank of Canada today published its 2019 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report, and reconfirmed the scheduled interest rate announcement dates for the remainder of this year. -
July 11, 2018
Bank of Canada raises overnight rate target to 1 ½ per cent
The Bank of Canada today increased its target for the overnight rate to 1 ½ per cent. The Bank Rate is correspondingly 1 ¾ per cent and the deposit rate is 1 ¼ per cent. -
June 27, 2018
Transparency strengthens public trust and makes monetary policy more effective, Governor Poloz says
Transparency in monetary policy can help build trust with the public and financial markets and promote a more resilient economy, Governor Stephen S. Poloz said in a speech today. -
June 13, 2018
Bank of Canada partners with Creative Destruction Lab to deepen knowledge of new technologies
The Bank of Canada announced today that it will partner with the Creative Destruction Lab to deepen its knowledge of leading technologies. -
June 13, 2018
Deputy Governor Sylvain Leduc to leave the Bank of Canada
The Bank of Canada announced today that Deputy Governor Sylvain Leduc will leave the Bank in late July 2018. Mr. Leduc will return to San Francisco with his family to resume working at the Federal Reserve Bank of San Francisco. -
June 7, 2018
Canada’s financial system remains resilient as vulnerabilities show further signs of easing
High household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities remain elevated, policy measures continue to improve the resilience of the financial system. -
May 30, 2018
Bank of Canada maintains overnight rate target at 1¼ per cent
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. -
May 11, 2018
Payments Canada, the Bank of Canada, TMX Group, Accenture and R3 Demonstrate Feasibility of Instantaneous Equity Settlement through Distributed Ledger Technology
This joint press release describes the preliminary findings of the third phase of the Project Jasper research initiative. -
May 1, 2018
Bank of Canada policy helps manage risks from debt, Governor Poloz says
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 […]