December 15, 2015
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December 8, 2015
Bank of Canada updates framework for unconventional monetary policy measures
The Bank of Canada is applying lessons from the global financial crisis as it updates its framework for the use of unconventional monetary policy measures, Governor Stephen S. Poloz said. “We don’t need unconventional policies now, and we don’t expect to use them. However, it’s prudent to be prepared for every eventuality,” Governor Poloz said […]
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Press releases
December 4, 2015
Bank of Canada introduces The Governor’s Challenge, a new student competition
The Bank of Canada today announced a new student competition—The Governor’s Challenge—where teams simulate the role of monetary policy advisor to the Bank's Governing Council. Over 100 undergraduates from 22 universities across Canada are taking part in 2015–16, the competition’s inaugural year.
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Source(s):
The Governor's Challenge
December 2, 2015
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.
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Press releases
November 13, 2015
Bank of Canada Focuses Strategic Plan on Innovation, Says Senior Deputy Governor Wilkins
The Bank of Canada is putting innovative thinking at the heart of its corporate strategy through an ambitious research agenda and initiatives to engage people outside the Bank, Senior Deputy Governor Carolyn Wilkins said today. “Confident as we are in how we do things now, the Bank keeps its eyes on the future,” she said […]
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October 26, 2015
Deputy Governor Agathe Côté to retire from the Bank of Canada
The Bank of Canada announced today that Deputy Governor Agathe Côté will retire at the end of January 2016.
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Press releases
October 21, 2015
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.
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Press,
Press releases
October 12, 2015
Bank of Canada Focusing Research on Integrating Monetary Policy and Financial Stability, says Governor Poloz
The Bank of Canada is exploring the links between financial stability considerations and traditional central bank approaches to inflation targeting as part of its risk-management approach to achieving its monetary policy goals, Governor Stephen S. Poloz said today. As the Bank of Canada works toward renewing its inflation-targeting agreement with the federal government next year, […]
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Press releases
October 10, 2015
Bank of Canada Working to Integrate Financial Stability into Monetary Policy, says Governor Poloz
The Bank of Canada is taking a risk-management approach to integrating financial stability concerns into monetary policy, Governor Stephen S. Poloz said today. In a speech to the meeting of the Institute of International Finance in Lima, Peru, the Governor said financial stability issues add a new dimension of risk to the many uncertainties that […]
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Press releases
September 25, 2015
Bank of Canada Calls for Nominations for the 2016 Fellowship and Governor’s Awards
The Bank of Canada is calling for nominations under its Fellowship Program for 2016. This program fosters excellence in economic and financial research in Canada, and develops partnerships with experts outside of the Bank.
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Fellowship Program