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804 result(s)

May 1, 2018

Bank of Canada policy helps manage risks from debt, Governor Poloz says

Elevated household debts make the Canadian economy more vulnerable to events that could affect growth and financial stability, and the Bank of Canada’s cautious approach to monetary policy is helping manage the risks, Governor Stephen S. Poloz said today. In a speech to the Yellowknife Chamber of Commerce, Governor Poloz said that high household debt […]
Content Type(s): Press, Press releases
March 22, 2018

Financial system safer, but job not done, says Senior Deputy Governor Wilkins

While much has been accomplished to make the financial system more resilient, the job is not done, Senior Deputy Governor Carolyn A. Wilkins told the audience today at a conference on lessons from the crisis at the University of Toronto’s Rotman School of Management. “We have accomplished much over the past decade, and we are […]
Content Type(s): Press, Press releases
March 13, 2018

Canadian economy carrying untapped potential, Bank of Canada Governor Poloz says

The Canadian economy is carrying untapped potential that could prolong the expansion without causing inflation pressures, Governor Stephen S. Poloz said today. In a lecture at Queen’s University, Governor Poloz said that the Canadian economy is currently in the phase of the economic cycle where companies need to expand capacity to meet rising demand. “Growing […]
Content Type(s): Press, Press releases
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