Ottawa, Ontario

• December 6, 2017

  Bank of Canada maintains overnight rate target at 1 per cent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained 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 29, 2017

  Bank of Canada announces finalists for the third annual Governor’s Challenge

  Media Relations Ottawa, Ontario

  The Bank of Canada today announced the finalists for the 2017–18 edition of The Governor’s Challenge, a competition in which university students simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• November 28, 2017

  Financial System Review - Press Conference (Webcasts) - November 2017

  

  

  Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn A. Wilkins. (11:30 (ET) approx.).

  Content Type(s): Press, Speeches and appearances, Webcasts
• November 28, 2017

  Release of the Financial System Review

  Opening statement Stephen S. Poloz Ottawa, Ontario

  Press conference following the release of the Financial System Review.

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Credit and credit aggregates, Financial stability, Financial system regulation and policies, Housing, Regional economic developments, Sectoral balance sheet
• November 28, 2017

  Vulnerabilities in the Canadian financial system remain elevated, but elements for improvement are emerging

  Media Relations Ottawa, Ontario

  The high level of household indebtedness and housing market imbalances remain the most important vulnerabilities identified by the Bank of Canada in its Financial System Review (FSR), published today. While these vulnerabilities are still elevated, improving economic conditions and recent changes to housing policy should support an easing of these vulnerabilities over time.

  Content Type(s): Press, Press releases
• November 15, 2017

  Bank of Canada and Bank of Korea sign currency swap agreement

  Media Relations Ottawa, Ontario

  The Bank of Canada and the Bank of Korea today announced a standing bilateral liquidity swap arrangement, effective immediately.

  Content Type(s): Press, Press releases
• November 3, 2017

  Statement on the Nomination of a New Federal Reserve Chair

  Media Relations Ottawa, Ontario

  The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System.

  Content Type(s): Press, Press releases
• November 1, 2017

  Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce

  Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a […]

  Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Potential output, Recent economic and financial developments, Sectoral balance sheet
• October 31, 2017

  Opening Statement before the House of Commons Standing Committee on Finance

  Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario

  Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a long […]

  Content Type(s): Press, Speeches and appearances, Opening statements
• October 25, 2017

  Monetary Policy Report Press Conference Opening Statement

  Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario

  Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.

  Content Type(s): Press, Speeches and appearances, Opening statements