February 10, 2015
Media Relations
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January 21, 2015
Bank of Canada lowers overnight rate target to 3/4 per cent
The Bank of Canada today announced that it is lowering its target for the overnight rate by one-quarter of one percentage point to 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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December 16, 2014
Bank of Canada publishes results of consultation on bank note design principles
The Bank of Canada today published a summary of the comments it received in an online consultation on the principles guiding the design of the country’s bank notes.
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Press,
Press releases
Topic(s):
Bank notes
December 11, 2014
Financial reform is essential but must not stifle innovation, says Bank of Canada Governor Stephen S. Poloz
Global financial reforms have made the financial system safer, but regulators must ensure that the new rules do not stifle innovation, Bank of Canada Governor Stephen S. Poloz said today in a speech in New York on the future of the financial industry. “I see such innovation in financial intermediation as essential to fostering regulatory […]
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December 10, 2014
Bank of Canada says household imbalances remain most important risk to financial stability
Risks to Canada’s financial system have not increased in the past six months, but high consumer debt loads and imbalances in the housing market remain a concern, the Bank of Canada said today in itsbiannual Financial System Review (FSR). “We judge that the probability of an adverse shock has eased since our June FSR,” said […]
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Press,
Press releases