July 19, 2017
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July 12, 2017
Bank of Canada increases overnight rate target to 3/4 per cent
The Bank of Canada is raising its target for the overnight rate to 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.
Content Type(s):
Press,
Press releases
June 27, 2017
This FSB press release announces that a working group chaired by Bank of Canada Senior Deputy Governor Carolyn A. Wilkins published a report analyzing the potential financial stability implications of fintech.
FSB issues a report on the financial stability implications from FinTech
Content Type(s):
Press,
Press releases
Topic(s):
Digital currencies and fintech
June 20, 2017
Governor Poloz unveils new Bank of Canada Museum ahead of public opening on July 1, 2017
Governor Stephen S. Poloz today welcomed special guests from the government, business and the tourism sectors for a preview of the Bank of Canada Museum, which is opening soon.
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Press,
Press releases
June 12, 2017
Canadian economy showing encouraging signs, says Senior Deputy Governor Wilkins
With the adjustment to lower oil prices largely behind us, there are encouraging signs that growth is broadening across regions and sectors, Senior Deputy Governor Carolyn A. Wilkins told the Associates of the Asper School of Business in a speech today.
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Press,
Press releases
June 8, 2017
Household vulnerabilities have moved higher, but the financial system remains resilient
Household indebtedness and housing market imbalances—the most important vulnerabilities for the Canadian financial system—have moved higher over the past six months, the Bank of Canada said today in its Financial System Review (FSR).
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Press,
Press releases
June 1, 2017
Bank of Canada issues commemorative $10 bank note to mark the 150th anniversary of Confederation
The Bank of Canada today began circulating the $10 commemorative bank note that celebrates the 150th anniversary of Confederation. Canadians can now obtain this special note at financial institutions. Only 40 million notes are being issued—roughly one for every Canadian.
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Press,
Press releases
May 24, 2017
Bank of Canada maintains overnight rate target at 1/2 per cent
The Bank of Canada 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
May 4, 2017
Canada and Mexico both set to capitalize on current opportunities, Bank of Canada Governor Poloz says
Canada and Mexico share economic traits that leave both well placed to face global challenges and capitalize on opportunities, Bank of Canada Governor Stephen S. Poloz said today.
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Press,
Press releases
April 18, 2017
Embrace automation and manage its side effects, says Senior Deputy Governor Wilkins
Automation, artificial intelligence and other innovations will benefit the Canadian economy by boosting productivity and living standards, but they could also have less desirable side effects on the labour market and income distribution that will have to be managed, Bank of Canada Senior Deputy Governor Carolyn A. Wilkins said today.
Content Type(s):
Press,
Press releases