October 24, 2016
Renewal of the Inflation-Control Target (October 2016)
Commentary and technical data relating to the 2016 target renewal.
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October 19, 2016
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 this morning. It has been six months almost to the day since we were last here, and several of the broad themes that […]
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October 19, 2016
Monetary Policy Report Press Conference Opening Statement
Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR.
October 19, 2016
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 1/2 per cent. The Bank Rate is correspondingly 3/4 per cent and the deposit rate is 1/4 per cent.
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October 19, 2016
Monetary Policy Report – October 2016
Growth in the Canadian economy is expected to increase from 1.1 per cent this year to about 2.0 per cent in 2017 and 2018.
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Monetary Policy Report