Press Releases

• November 15, 2017

  Uncertainty can affect monetary policy actions, says Senior Deputy Governor Wilkins

  Media Relations New York, New York

  Uncertainty is an important consideration for monetary policy decisions and, depending on the circumstances, it can prompt central banks to be more, or less, aggressive, Senior Deputy Governor Carolyn A. Wilkins told the Money Marketeers of New York University in a speech today. “Central bankers have well-established methods to deal with uncertainty in the conduct […]

  Content Type(s): Press, Press releases
• November 15, 2017

  Bank of Canada and Bank of Korea sign currency swap agreement

  Media Relations Ottawa, Ontario

  The Bank of Canada and the Bank of Korea today announced a standing bilateral liquidity swap arrangement, effective immediately.

  Content Type(s): Press, Press releases
• November 7, 2017

  Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says

  Media Relations Montréal, Quebec

  MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […]

  Content Type(s): Press, Press releases
• November 3, 2017

  Statement on the Nomination of a New Federal Reserve Chair

  Media Relations Ottawa, Ontario

  The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.

  Content Type(s): Press, Press releases
• October 25, 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
• October 17, 2017

  Payments Canada, Bank of Canada and TMX Group announce integrated securities and payment platform as next phase of Project Jasper

  This joint press release announces a new collaboration between Payments Canada, the Bank of Canada and TMX Group as part of the third phase of the Project Jasper research initiative.

  Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech
• September 27, 2017

  Monetary policy data dependent given unknowns in inflation outlook, Bank of Canada Governor Poloz says

  Media Relations St. John's, Newfoundland and Labrador

  The Bank of Canada’s approach to monetary policy has become particularly data dependent, because of significant unknowns around the inflation outlook as the Canadian economy nears its potential, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• September 8, 2017

  Bank of Canada calls for nominations for the 2018 Fellowship Program awards

  Media Relations Ottawa, Ontario

  The Bank of Canada is inviting Canadian universities to nominate exceptional academics for its 2018 Fellowship and Governor’s awards.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• September 6, 2017

  Bank of Canada increases overnight rate target to 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada is raising its target for the overnight rate to 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
• July 26, 2017

  Bank of Canada publishes its 2018 schedule for policy interest rate announcements and the release of the Monetary Policy Report

  Media Relations Ottawa, Ontario

  The Bank of Canada today published its 2018 schedule for policy interest rate announcements and the release of the quarterly Monetary Policy Report.

  Content Type(s): Press, Press releases