July 15, 2015
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June 11, 2015
Bank of Canada says risk to financial stability is slightly higher, but system is more resilient
The overall risk to financial stability in Canada has risen in the face of lower oil prices, but the resilience of the system continues to improve, the Bank of Canada said today as it released its biannualFinancial System Review (FSR). The FSR is intended to raise awareness of the key vulnerabilities, possible triggers and risks […]
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May 27, 2015
Bank of Canada maintains overnight rate target at 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 3/4 per cent. The Bank Rate is correspondingly 1 per cent and the deposit rate is 1/2 per cent.
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Press,
Press releases
May 19, 2015
Canadian economy rebuilding, though headwinds remain, says Governor Poloz
Following a setback caused by the drop in oil prices, the Canadian economy is once again on a course toward sustainable balanced growth, although it continues to face headwinds, Bank of Canada Governor Stephen S. Poloz said today. The Governor’s speech to the Greater Charlottetown Area Chamber of Commerce outlined some key indicators the Bank […]
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May 5, 2015
Canada’s Economy Counts on Reliable Liquidity Says Senior Deputy Governor Carolyn Wilkins
The financial system needs reliable funding and market liquidity to support economic activity, Bank of Canada Senior Deputy Governor Carolyn Wilkins said today in her speech to the Board of Trade of Metropolitan Montreal. “We learned from the crisis that liquidity can be a fickle friend, and its absence can amplify financial distress,” she said. […]
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April 15, 2015
Bank of Canada maintains overnight rate target at 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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
March 30, 2015
Bank of Canada Announces Recipient of 2015 Governor’s Award
The Bank of Canada today announced that Professor Matilde Bombardini of the University of British Columbia’s Vancouver School of Economics is the recipient of the Governor’s Award for 2015.
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Source(s):
Fellowship Program
March 27, 2015
The Bank of Canada Releases Its Annual Report for 2014
The Bank of Canada’s Annual Report for 2014 was tabled in the House of Commons today.
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March 26, 2015
Financial volatility a natural consequence of monetary policy normalization, says Bank of Canada Governor Stephen S. Poloz
The recent rise in financial market volatility reflects a global economy that is beginning the process of getting back to normal, Bank of Canada Governor Stephen S. Poloz said on Thursday. In a speech to the Canada-United Kingdom Chamber of Commerce, Governor Poloz discussed the recent rise in financial market volatility and low long-term bond […]
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Press,
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March 4, 2015
Bank of Canada maintains overnight rate target at 3/4 per cent
The Bank of Canada today announced that it is maintaining its target for the overnight rate at 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