Press Releases

• November 13, 2014

  Bank of Canada is Keeping a Close Eye on E-Money, Says Senior Deputy Governor Carolyn Wilkins

  Media Relations Waterloo, Ontario

  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 […]

  Content Type(s): Press, Press releases
• November 8, 2014

  Bank of Canada announces signing of reciprocal 3-year Canadian- dollar/renminbi bilateral swap arrangement

  Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• November 3, 2014

  Bank of Canada Policy Appropriate in the Face of Uncertainty, Says Governor Stephen S. Poloz

  Media Relations Toronto, Ontario

  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 […]

  Content Type(s): Press, Press releases
• October 22, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• October 8, 2014

  Bank of Canada invites Canadians to comment on bank note design principles

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• September 22, 2014

  Underwhelming Recovery Poses Challenges for Monetary Policy, Says Bank of Canada Senior Deputy Governor Carolyn Wilkins

  Media Relations Toronto, Ontario

  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 […]

  Content Type(s): Press, Press releases
• September 19, 2014

  Bank of Canada Calls for Nominations for the 2015 Fellowship and Governor’s Awards

  Media Relations Ottawa, Ontario

  This program fosters excellence in research in Canada, and develops partnerships with experts outside of the Bank.

  Content Type(s): Press, Press releases Source(s): Fellowship Program
• September 16, 2014

  Floating Loonie Essential to the Bank of Canada’s Inflation-Targeting Regime, Says Governor Stephen S. Poloz

  Media Relations Drummondville, Quebec

  The Bank of Canada's commitment to keep inflation low and stable requires that the value of the Canadian dollar be determined by markets, Bank of Canada Governor Stephen S. Poloz said today in Drummondville. The Bank of Canada fosters strong, sustainable economic growth by aiming to keep inflation at the 2 per cent midpoint of […]

  Content Type(s): Press, Press releases
• September 3, 2014

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  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.

  Content Type(s): Press, Press releases
• August 26, 2014

  Bank of Canada Announces the Recipient of its 2014 Law Enforcement Award of Excellence for Counterfeit Deterrence

  Ottawa, Ontario

  This award was established in 2004 to recognize the work of Canadians in the field of law enforcement in deterring and preventing the counterfeiting of Canada’s bank notes.

  Content Type(s): Press, Press releases Topic(s): Bank notes