March 24, 2016
Press Releases
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March 9, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. -
March 8, 2016
Bank of Canada launches public consultation to select Canadian woman to be on next series bank note
As announced today by Prime Minister Justin Trudeau and Minister of Finance Bill Morneau, the Bank of Canada is undertaking a broad public consultation to select an iconic Canadian woman to be featured on the first bank note of its next series. This new note will be issued in 2018. -
February 23, 2016
Bank of Canada Announces Deputy Governor Appointment
The Board of Directors of the Bank of Canada today announced the appointment of Sylvain Leduc as Deputy Governor, effective 2 May 2016. -
February 16, 2016
Bank of Canada Announces Future Changes to its Published Foreign Exchange Rate Data
The Bank of Canada today announced that, effective 1 March 2017, it will make a series of changes to the number, frequency and calculation methodology of its published foreign exchange rates. -
February 16, 2016
Bank of Canada announces winners of The Governor’s Challenge student competition
The Bank of Canada today announced the winners of The Governor’s Challenge, a new student competition in which teams simulate the role of advisor to the Bank’s Governing Council. -
February 12, 2016
Bank of Canada Announces 2016 Scholarship Recipients
The Bank of Canada today announced the inaugural winners of its student Scholarship and Work Placement Program. -
January 20, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent. -
January 8, 2016
Governor Stephen S. Poloz appointed Chair of the BIS Consultative Council for the Americas
The Board of Directors of the Bank for International Settlements (BIS) has appointed , Governor of the Bank of Canada, as Chair of the BIS Consultative Council for the Americas (CCA). The appointment is for a term of two years, effective 9 January 2016. The announcement is available on the BIS website. For more information, […] -
January 7, 2016
Expect policy divergence as economies adjust to shocks, Governor Poloz says
Diverging monetary policies are the natural consequence of large declines in resource prices and should be expected, Bank of Canada Governor Stephen S. Poloz said in a speech today at the Mayor’s Breakfast Series in Ottawa. Last month’s interest rate increase by the U.S. Federal Reserve is the first step in a long process toward […]