March 28, 2014
The Bank of Canada Releases Its Annual Report for 2013
The Bank of Canada’s Annual Report for 2013 was tabled in the House of Commons.
Press Releases
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March 18, 2014
Demographics, Crisis Aftermath Pose Limits to Growth, Says Bank of Canada Governor Stephen S. Poloz
Demographic forces and the hangover from the global financial crisis together are putting limits on economic growth, Bank of Canada Governor Stephen S. Poloz said today in Halifax. “A period of subdued growth after a financial crisis can still be regarded as cyclical, in the sense that it will eventually prove to be temporary,” Governor […] -
March 5, 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. -
February 7, 2014
Symmetrical, Flexible Inflation Target Continues to Serve Canadians Well, Says Bank of Canada Senior Deputy Governor Tiff Macklem
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 […] -
February 4, 2014
Bank of Canada Announces Appointment of Special Adviser
The Bank of Canada today announced the appointment of Line Rivard as Special Adviser to the Governor on Financial System. -
January 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. -
December 23, 2013
Deputy Governor John Murray to Retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor John Murray will retire on 30 April 2014. -
December 12, 2013
Monetary Policy an Exercise in Risk Management, Says Bank of Canada Governor Stephen S. Poloz
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 […] -
December 5, 2013
Senior Deputy Governor Tiff Macklem will leave the Bank in May 2014
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. -
December 4, 2013
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.