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December 12, 2016

FSB Regional Consultative Group for the Americas discusses fintech, correspondent banking and regional vulnerabilities

This press release, issued by the Financial Stability Board, announces that a regional consultative group co-chaired by Bank of Canada Senior Deputy Governor Carolyn A. Wilkins discussed the benefits and risks of fintech developments, including the implications of distributed ledger technology and peer-to-peer lending.
November 25, 2016

Bank of Canada announces finalists for the second annual Governor’s Challenge

NOTE TO EDITORS: This press release has been revised to reflect the new date of the final round of The Governor’s Challenge, 4 February 2017.

The Bank of Canada announced the finalists for the 2016–17 edition of The Governor’s Challenge, a student competition in which teams simulate the role of advisor to the Bank’s Governing Council.
Content Type(s): Press, Press releases Source(s): The Governor's Challenge
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
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