September 14, 2016
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September 7, 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
September 1, 2016
Triennial Central Bank Survey of Foreign Exchange and Derivatives Market Activity in Canada during April 2016
During the month of April, the Bank of Canada and 51 other central banks and monetary authorities conducted the latest survey of turnover activity in the foreign exchange and over-the-counter (OTC) derivatives markets in their respective countries. This worldwide effort was coordinated by the Bank for International Settlements (BIS) and is undertaken every three years.
Content Type(s):
Press,
Press releases
Source(s):
Canadian Foreign Exchange Committee
August 16, 2016
Bank of Canada recognizes Saskatoon Police Service with Counterfeit Deterrence award
This award, which has been presented since 2004, recognizes the outstanding achievements of criminal justice professionals and educators involved in the prevention and deterrence of bank note counterfeiting in Canada.
Content Type(s):
Press,
Press releases
Topic(s):
Bank notes
July 26, 2016
Bank of Canada publishes 2017 schedule for policy interest rate announcements and release of the Monetary Policy Report
The Bank of Canada today published its 2017 schedule of the key dates for policy interest rate announcements and release of the quarterly Monetary Policy Report, and it reconfirmed the scheduled announcement dates for the remainder of this year.
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Press,
Press releases
July 13, 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
June 24, 2016
Statement of G7 Finance Ministers and Central Bank Governors
We, G7 Ministers and Governors, respect the intention expressed today by the people of the United Kingdom to exit from the European Union. We are monitoring market developments following the outcome of the referendum on the UK’s membership of the EU.
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Press,
Press releases
June 17, 2016
Unlocking fintech’s promise requires collaboration, says Senior Deputy Governor Wilkins
Technological innovation in financial services could transform the financial system, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today. But realizing the benefits of fintech, while guarding against the risks it could create, requires strong collaboration among actors in the financial system.
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Press,
Press releases
June 15, 2016
Canadian economy making progress, Governor Poloz says
The Canadian economy is making progress in adjusting to low oil prices and recovering from the global financial crisis, Bank of Canada Governor Stephen S. Poloz said today.
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Press,
Press releases
June 9, 2016
Overall risks to financial stability are largely unchanged, but household vulnerabilities have moved higher
The Financial System Review (FSR) concludes that the overall level of risk to Canada’s financial system is largely unchanged from six months ago. While household vulnerabilities have moved higher, the ongoing economic recovery in Canada means that the overall risk remains the same. The Bank highlights three vulnerabilities in the financial system: the elevated level of household indebtedness, imbalances in some regional housing markets and the fragility of liquidity in fixed-income markets.
Content Type(s):
Press,
Press releases