June 3, 2020
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May 28, 2020
Update: Bank of Canada asks retailers to continue accepting cash
During this time of heightened public health measures intended to limit the transmission of COVID-19, some consumers and businesses are choosing not to use cash to limit potential exposure.
Content Type(s):
Press,
Announcements
May 27, 2020
Here’s what determines the interest rate on your mortgage—and why that rate can go up and down.
What’s behind your mortgage rate
Content Type(s):
Publications,
The Economy, Plain and Simple
Topic(s):
Financial services,
Housing,
Interest rates,
Monetary policy transmission
May 26, 2020
Opening Statement before the Senate National Finance Committee
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I welcome the opportunity to appear before you to discuss the Bank of Canada’s actions in response to the coronavirus pandemic. Since the pandemic began, the Bank has had two goals in mind. In the short term, we have been working to help […]
May 25, 2020
Dealing with extreme uncertainty
Speech summary
Stephen S. Poloz
University of Alberta’s Eric J. Hanson Memorial Lecture
Edmonton, Alberta
In a lecture capping off his time as Governor, Stephen S. Poloz discusses how the Bank uses a risk management approach to deal with uncertainty about risks such as the ones associated with the COVID-19 pandemic.