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In his final speech of 2018, Governor Stephen S. Poloz discusses the vulnerabilities and risks in Canada’s financial system as well as Canadian and global economic developments. He explains how all this was taken into account in the December interest rate decision.

The Bank of Canada today maintained its target for the overnight rate at 1 ¾ per cent. The Bank Rate is correspondingly 2 per cent and the deposit rate is 1 ½ per cent.

The Board of Directors of the Bank of Canada today announced the appointment of Paul Beaudry as Deputy Governor, effective February 18, 2019.

Senior Deputy Governor Carolyn A. Wilkins delivers remarks at the launch of the new Bank of Canada Museum exhibition A Noteworthy Woman, which depicts the life of Viola Desmond, the first Canadian woman to appear on a regular bank note.

The Bank of Canada Museum is inviting Canadians of all ages to visit the new exhibition A Noteworthy Woman, which depicts the life of Viola Desmond, an icon of the human rights and social justice movement in Canada and the first Canadian woman to appear on a regular bank note.

The Bank of Canada today announced the five finalist teams in the 2018–19 edition of The Governor’s Challenge, a competition where university students simulate the role of advisor to the Bank’s Governing Council.

As part of the regular management of its balance sheet, the Bank of Canada acquires securities to offset its liabilities, which consist mainly of bank notes in circulation and Government of Canada deposits.

Senior Deputy Governor Carolyn A. Wilkins discusses how monetary and macroprudential policies interact with each other and how they affect financial stability.

The Bank of Canada will assess a broad range of monetary policy frameworks ahead of the renewal in 2021 of the inflation-control agreement, a joint agreement between the federal government and the Bank that is renewed every five years, Senior Deputy Governor Carolyn A. Wilkins said today at McGill University’s Max Bell School of Public […]