December 10, 2014
Press Releases
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December 5, 2014
Bank of Canada invites Canadians to propose design ideas for a bank note marking Canada’s 150th anniversary
The Bank of Canada is inviting Canadians to propose ideas for the design of a new bank note to celebrate the 150th anniversary of Confederation in 2017. -
December 3, 2014
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining 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. -
November 13, 2014
Bank of Canada is Keeping a Close Eye on E-Money, Says Senior Deputy Governor Carolyn Wilkins
The Bank of Canada is keeping a close eye on the risks posed by new forms of electronic money, given that the Bank’s job is to issue currency, promote financial stability and oversee Canada’s payment systems, Senior Deputy Governor Carolyn Wilkins said today in Waterloo, Ontario. E-money is electronically-stored value that is not linked to […] -
November 8, 2014
Bank of Canada announces signing of reciprocal 3-year Canadian- dollar/renminbi bilateral swap arrangement
The reciprocal currency swap arrangement is part of the initiative announced today by the Government of Canada to promote increased trade and investment between Canada and China. -
November 3, 2014
Bank of Canada Policy Appropriate in the Face of Uncertainty, Says Governor Stephen S. Poloz
The Bank of Canada’s monetary policy is appropriate to return Canadian inflation to its 2 per cent target as worldwide economic uncertainty lingers, Governor Stephen S. Poloz said today in Toronto. The global economy is facing significant headwinds that could restrain growth for a prolonged period, including efforts by households and financial institutions to reduce their debt and those by governments to […] -
October 22, 2014
Bank of Canada maintains overnight rate target at 1 per cent
The Bank of Canada today announced that it is maintaining 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. -
October 8, 2014
Bank of Canada invites Canadians to comment on bank note design principles
The Bank of Canada announced that it is inviting Canadians to comment on the principles that guide the design of the country’s bank notes. -
September 22, 2014
Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins
The underwhelming recovery from the global financial crisis has challenged policy-makers to better understand the factors weighing on growth and to deal with greater uncertainty, Bank of Canada Senior Deputy Governor Carolyn Wilkins said in Toronto today. To conduct monetary policy, the Bank needs to assess how much of the slow growth is due to […] -
September 19, 2014
Bank of Canada Calls for Nominations for the 2015 Fellowship and Governor’s Awards
This program fosters excellence in research in Canada, and develops partnerships with experts outside of the Bank.