June 24, 2016
Find press releases by keyword, location, source, topic or publication date.
Receive notification by email whenever new releases are added to the website.
803
result(s)
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.
Content Type(s):
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.
Content Type(s):
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
June 4, 2016
Monetary/fiscal policy mix has implications for debt and financial stability, Governor Poloz says
In the Doug Purvis Memorial Lecture, Governor Stephen S. Poloz shows how changing the mix of monetary and fiscal policies can yield the same outcomes for growth and inflation, but lead to different results for public sector and private sector debt levels, which can impact financial stability.
Content Type(s):
Press,
Press releases
May 26, 2016
Bank of Canada announces appointment of Advisor in New York Office
The Bank of Canada today announced the appointment of Sheryl King as Advisor to the Governor, effective 5 July 2016. Ms. King will represent the Bank in its New York Office.
Content Type(s):
Press,
Press releases
May 25, 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
May 2, 2016
Bank of Canada designates Automated Clearing Settlement System under the Payment Clearing and Settlement Act
The Governor of the Bank of Canada has designated, effective 2 May 2016, the Automated Clearing Settlement System (ACSS) for oversight under the Payment Clearing and Settlement Act (PCSA) as a clearing and settlement system that has the potential to pose payments system risk.
Content Type(s):
Press,
Press releases
April 29, 2016
Independent Advisory Council announces candidates for the 2018 bank note featuring an iconic Canadian woman
The Bank of Canada today announced that the 2018 bank note independent Advisory Council has narrowed to 12 names the list of iconic Canadian women who could be featured on the first bank note of the next series.
Content Type(s):
Press,
Press releases
April 26, 2016
Slowing global trade growth signals new balance point, Governor Poloz says
The slowdown in international trade growth seen over the past few years suggests that global exports have reached a new balance point and this weakness is not a sign of impending trouble, Bank of Canada Governor Stephen S. Poloz said today. In a speech to a meeting of Canadian and US securities industry associations in […]
Content Type(s):
Press,
Press releases