April 22, 2013
The Bank of Canada Releases Its Annual Report for 2012
The Bank of Canada’s Annual Report for 2012 was tabled in the House of Commons today.
Press Releases
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April 17, 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. -
March 26, 2013
Bank of Canada designates SwapClear under the Payment Clearing and Settlement Act
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. -
March 25, 2013
Bank of Canada Announces Recipients of 2013 Fellowship and Governor’s Awards
The Bank of Canada today announced the recipient of the Bank’s Fellowship Award and Governor's Award for 2013. -
March 6, 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. -
February 25, 2013
Rebuilding trust in banking is vital to improving the pace of global economic recovery, says Bank of Canada Governor Mark Carney
While much progress has been made reforming the global financial system, to restore fully trust in banking there remains a fundamental need for financial institutions to rediscover their core values, Bank of Canada Governor Mark Carney said today in a speech at Western University in London, Ontario. The real economy relies on the financial system, […] -
February 21, 2013
Bank of Canada announces Deputy Governor Appointment
The Board of Directors of the Bank of Canada today announced the appointment of Lawrence L. Schembri as Deputy Governor effective 25 February 2013. -
February 12, 2013
Statement by G7 Finance Ministers and Central Bank Governors
We, the G7 Ministers and Governors, reaffirm our longstanding commitment to market determined exchange rates and to consult closely in regard to actions in foreign exchange markets. We reaffirm that our fiscal and monetary policies have been and will remain oriented towards meeting our respective domestic objectives using domestic instruments, and that we will not […] -
January 23, 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. -
December 11, 2012
Central Bank Policy Guidance May Be Most Useful in Extraordinary Times, Says Bank of Canada Governor Mark Carney
While transparency is critical to well-functioning capital markets and effective monetary policy, forward policy guidance is best used sparingly by central banks in normal times, Bank of Canada Governor Mark Carney said today. In a speech to the Toronto CFA Society, the Governor discussed where policy guidance can be most effective and when it may […]