Press Releases

• June 19, 2013

  Canada’s Economic Capacity Needs To Be Rebuilt and Confidence Strengthened, says Bank of Canada Governor Stephen S. Poloz

  Media Relations Burlington, Ontario

  For Canada’s economy to grow in a self-sustaining, self-generating fashion, capacity needs to be rebuilt and business confidence strengthened, Bank of Canada Governor Stephen S. Poloz said today in a speech to the Oakville Chamber of Commerce. Although the Canadian economy has recovered the jobs and output lost during the recession, the structural damage caused […]

  Content Type(s): Press, Press releases
• June 7, 2013

  Bank of Canada Announces Appointment of Special Adviser

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the appointment of Lynn Patterson as Special Adviser to the Governor.

  Content Type(s): Press, Press releases
• May 29, 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
• May 21, 2013

  Canada works due to its critical foundational advantages, says Bank of Canada Governor Mark Carney

  Media Relations Montréal, Quebec

  Since the eruption of the global financial crisis, Canada has outperformed other G-7 countries because of critical foundational advantages, Bank of Canada Governor Mark Carney said today in a speech in Montréal. The Governor identified “the cornerstones of Canada’s prosperity” as responsible fiscal policy, sound monetary policy, a resilient financial system and a monetary union […]

  Content Type(s): Press, Press releases
• May 2, 2013

  Stephen S. Poloz appointed Governor of the Bank of Canada

  Media Relations Ottawa, Ontario

  The Directors of the Bank of Canada appointed under Section 9 of the Bank of Canada Act today announced that they have appointed Stephen S. Poloz as Governor of the Bank of Canada for a seven-year term, effective 3 June 2013.

  Content Type(s): Press, Press releases
• May 1, 2013

  Financial Crisis Taught Important Lessons About Monetary Policy, says Bank of Canada Governor Mark Carney

  Media Relations Edmonton, Alberta

  While countries around the world continue to cope with the painful aftermath of the global financial crisis, the scope and fury of events have left policy-makers with important lessons about the functioning of monetary policy and its frameworks, instruments and tactics, Bank of Canada Governor Mark Carney said today in a wide-ranging lecture about monetary […]

  Content Type(s): Press, Press releases
• April 30, 2013

  Bank of Canada Unveils New $5 and $10 Polymer Bank Notes

  Media Relations Ottawa, Ontario

  Canada’s new and more secure $5 and $10 polymer bank notes were unveiled today at the Bank of Canada’s Ottawa head office, and from aboard the International Space Station.

  Content Type(s): Press, Press releases Topic(s): Bank notes
• April 22, 2013

  The Bank of Canada Releases Its Annual Report for 2012

  Media Relations Ottawa, Ontario

  The Bank of Canada’s Annual Report for 2012 was tabled in the House of Commons today.

  Content Type(s): Press, Press releases
• April 17, 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
• March 26, 2013

  Bank of Canada designates SwapClear under the Payment Clearing and Settlement Act

  Media Relations Ottawa, Ontario

  The Governor of the Bank of Canada has designated SwapClear as subject to ongoing regulatory oversight by the Bank under the Payment Clearing and Settlement Act (PCSA), effective 2 April 2013.

  Content Type(s): Press, Press releases