Press Releases

• March 5, 2018

  Inaugural recipients of Master’s Scholarship Award for Women in Economics and Finance announced

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the first ever recipients of its Master’s Scholarship Award for Women in Economics and Finance.

  Content Type(s): Press, Press releases
• February 27, 2018

  Background information on the bank note legal tender initiative in Budget 2018

  Media Relations Ottawa, Ontario

  The Bank of Canada today published additional information on the federal government’s 2018 budget initiative to seek the authority to remove legal tender status from Canadian bank notes.

  Content Type(s): Press, Press releases
• February 12, 2018

  Wilfrid Laurier University crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  Wilfrid Laurier University has won the Bank of Canada’s third annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• February 8, 2018

  Inclusive growth can come through innovation, says Senior Deputy Governor Wilkins

  Media Relations Montebello, Quebec

  The digital economy holds promise for higher overall living standards in the future, but it could leave some behind, Senior Deputy Governor Carolyn A. Wilkins told an audience of G7 deputies today. “Technological progress will raise economic growth, although the channels through which it contributed to rising inequality in the past are still forces to […]

  Content Type(s): Press, Press releases
• January 17, 2018

  Bank of Canada increases overnight rate target to 1 1/4 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today increased its target for the overnight rate to 1 1/4 per cent. The Bank Rate is correspondingly 1 1/2 per cent and the deposit rate is 1 per cent.

  Content Type(s): Press, Press releases
• January 10, 2018

  Bank of Canada announces 2017–18 scholarship recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce this year’s recipients of its Scholarship and Work Placement Program for Indigenous students and students with disabilities.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• December 14, 2017

  Economy making solid progress, but more work to be done, Bank of Canada Governor Poloz says

  Media Relations Toronto, Ontario

  The Canadian economy has made excellent progress during 2017, but there is still important work to be done on several longer-term issues, Bank of Canada Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• December 6, 2017

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained 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.

  Content Type(s): Press, Press releases
• November 29, 2017

  Bank of Canada announces finalists for the third annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• November 28, 2017

  Vulnerabilities in the Canadian financial system remain elevated, but elements for improvement are emerging

  Media Relations Ottawa, Ontario

  The high level of 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 are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time.

  Content Type(s): Press, Press releases