June 2, 2016
Two-Track Adjustment: The Outlook for the Canadian Economy
Deputy Governor Lawrence Schembri discusses the Bank of Canada’s mandate and responsibilities and the outlook for the Canadian economy
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May 26, 2016
Bank of Canada announces appointment of Advisor in New York Office
The Bank of Canada today announced the appointment of Sheryl King as Advisor to the Governor, effective 5 July 2016. Ms. King will represent the Bank in its New York Office.
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Press releases
May 25, 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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May 16, 2016
Bank of Canada Review - Spring 2016
This issue focuses on the upcoming renewal of Canada’s inflation-control target. Bank researchers discuss the estimate of the lower bound to policy interest rates in Canada. They also discuss downward nominal wage rigidity and whether its presence warrants considering a higher inflation target. The third article highlights the experience some international central banks have had with unconventional monetary policies. The final article describes monetary policy frameworks in 10 advanced economies.
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Bank of Canada Review
May 6, 2016
Stress Prevention: Central Banks and Financial Stability
Remarks
Lawrence L. Schembri
Joint Workshop: Bank of Canada, International Monetary Fund, Centre for International Governance Innovation, and Peterson Institute for International Economics
Ottawa, Ontario
Deputy Governor Lawrence Schembri discusses central banks and the maintenance of financial stability.