November 1, 2016
25 Years of Inflation Targets: Certainty for Uncertain Times
Governor Stephen S. Poloz discusses the renewal of Canada’s inflation-targeting agreement and how it continues to help the economy.
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October 24, 2016
Opening Statement before the House of Commons Standing Committee on Finance
Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […]
Content Type(s):
Press,
Speeches and appearances,
Opening statements
October 24, 2016
Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target
The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021.
Content Type(s):
Press,
Press releases
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 […]
Content Type(s):
Press,
Speeches and appearances,
Opening statements
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.
Content Type(s):
Press,
Speeches and appearances,
Opening statements
Subject(s):
Financial system,
Financial stability,
Monetary policy,
Economy/Economic growth,
Inflation,
Inflation targeting framework
October 19, 2016
Monetary Policy Report - Press Conference (Webcasts) - October 2016
Release of the Monetary Policy Report - Press conference by Governor Stephen S. Poloz and Senior Deputy Governor Carolyn Wilkins. (11:15 (ET) approx.).
Content Type(s):
Press,
Speeches and appearances,
Webcasts
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.
Content Type(s):
Press,
Press releases
October 11, 2016
Standard Terms for Auctions of Government of Canada Ultra Long Bonds
On behalf of the Minister of Finance, the Department of Finance and Bank of Canada are releasing today the Standard Terms for Auctions of Government of Canada Ultra Long-Bonds (UL Terms), as well as an overview of the UL Terms. The documents outline the operational framework for potential future issuance of ultra-long bonds via a modified auction format.
Content Type(s):
Press,
Market notices
October 6, 2016
Université du Québec à Trois-Rivières (UQTR) - Speech (Webcasts)
Economic trends and monetary policy - Senior Deputy Governor Carolyn Wilkins speaks before the Université du Québec à Trois-Rivières (UQTR). (11:50 (ET) approx.)
Content Type(s):
Press,
Speeches and appearances,
Webcasts
October 6, 2016
Both progress and setbacks as economy adjusts, says Senior Deputy Governor Wilkins
The Canadian economy is undergoing important, complex adjustments following the drop in oil prices over the past two years and in the context of the longer trends of population aging and modest productivity growth, Senior Deputy Governor Carolyn Wilkins said today.
Content Type(s):
Press,
Press releases