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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 […]
Content Type(s): 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 […]
Content Type(s): Press, Press releases
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. […]
Content Type(s): Press, Press releases
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