Press Releases

• February 7, 2014

  Symmetrical, Flexible Inflation Target Continues to Serve Canadians Well, Says Bank of Canada Senior Deputy Governor Tiff Macklem

  Media Relations Montréal, Quebec

  The Bank of Canada’s flexible inflation target has served Canada well in both tranquil and turbulent times and remains the right policy framework to address the current economic environment of persistently weak inflation, Senior Deputy Governor Tiff Macklem said today in a lecture at Concordia University’s John Molson School of Business in Montréal. “Inflation targeting […]

  Content Type(s): Press, Press releases
• February 4, 2014

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System.

  Content Type(s): Press, Press releases
• January 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
• December 23, 2013

  Deputy Governor John Murray to Retire from the Bank of Canada

  Media Relations Ottawa, Ontario

  The Bank of Canada announced today that Deputy Governor John Murray will retire on 30 April 2014.

  Content Type(s): Press, Press releases
• December 12, 2013

  Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz

  Media Relations Montréal, Quebec

  The financial crisis and the considerable uncertainty that has ensued are leading to a progressive redefinition of central banking, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Canadian Club of Montréal. “We assess how risks could interact with each other. We gauge their potential impact. And we use judgment […]

  Content Type(s): Press, Press releases
• December 5, 2013

  Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014

  Media Relations Ottawa, Ontario

  Senior Deputy Governor Tiff Macklem has announced that he will resign from the Bank of Canada next spring to become Dean of University of Toronto’s Rotman School of Management.

  Content Type(s): Press, Press releases
• December 4, 2013

  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
• November 7, 2013

  Bank of Canada Issues $5 and $10 Polymer Bank Notes

  Media Relations Ottawa, Ontario

  The Bank of Canada has announced the entry into circulation of the new $5 and $10 polymer bank notes. Starting today, these final two notes in the new polymer Frontiers series will be available at financial institutions across Canada.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• October 23, 2013

  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 9, 2013

  Bank of Canada Statement on the Nomination of Janet Yellen as Chairwoman of the Board of Governors of the United States Federal Reserve System

  Media Relations

  The Bank of Canada welcomes the nomination of Janet Yellen as the new Chairwoman of the Board of Governors of the Federal Reserve System.

  Content Type(s): Press, Press releases