Media Relations - Latest

• March 3, 2020

  Statement of G7 Finance Ministers and Central Bank Governors

  Media Relations

  We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease 2019 (COVID-19) and its impact on markets and economic conditions.

  Content Type(s): Press, Press releases
• February 19, 2020

  Bank of Canada Announces Scholarship Recipients

  Media Relations Ottawa, Ontario

  The Bank of Canada is pleased to announce the 2019-2020 recipients of its scholarship awards for women, Indigenous students and students with disabilities.

  Content Type(s): Press, Press releases Source(s): Scholarship awards
• February 18, 2020

  Bank of Canada to begin publishing Canadian Overnight Repo Rate Average in June

  Media Relations Ottawa, Ontario

  The Bank of Canada will take over the responsibility for publishing the Canadian Overnight Repo Rate Average (CORRA), effective Monday, June 15, 2020.

  Content Type(s): Press, Press releases Source(s): Canadian Alternative Reference Rate Working Group
• February 10, 2020

  University of British Columbia crowned National Champion of The Governor’s Challenge

  Media Relations Ottawa, Ontario

  The University of British Columbia has won the Bank of Canada’s fifth annual Governor’s Challenge, a national student competition in which teams simulate the role of advisor to the Bank’s Governing Council.

  Content Type(s): Press, Press releases Source(s): The Governor's Challenge
• February 5, 2020

  Securing long-term prosperity is up to all of us, Senior Deputy Governor Wilkins says

  Media Relations Toronto, Ontario

  In remarks to the Economic Club of Canada, Senior Deputy Governor Carolyn A. Wilkins said aging populations and weak productivity gains are holding back prospects in many advanced economies, including Canada’s.

  Content Type(s): Press, Press releases
• January 29, 2020

  Bank of Canada launches public consultation for new $5 bank note

  Media Relations Ottawa, Ontario

  Minister of Finance Bill Morneau and Governor Stephen S. Poloz today announced that the Bank of Canada is launching public consultations to select an iconic Canadian to appear on the next $5 bank note.

  Content Type(s): Press, Press releases
• January 22, 2020

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.

  Content Type(s): Press, Press releases
• December 12, 2019

  Inflation-target renewal, impact of technology highlight Bank of Canada’s 2020 work plan, Governor Poloz says

  Media Relations Toronto, Ontario

  Work toward renewing Canada’s inflation-targeting framework and understanding the impact of digital technology highlight a packed agenda for the Bank of Canada in 2020, Governor Stephen S. Poloz said today.

  Content Type(s): Press, Press releases
• December 6, 2019

  Bank of Canada Governor Stephen S. Poloz to step down in June 2020

  Media Relations Ottawa, Ontario

  The Board of Directors of the Bank of Canada announced today that Governor Stephen S. Poloz has informed them that he will not seek a second term as Governor when his seven-year term expires on June 2, 2020.

  Content Type(s): Press, Press releases
• December 4, 2019

  Bank of Canada maintains overnight rate target at 1 ¾ percent

  Media Relations Ottawa, Ontario

  The Bank of Canada today maintained its target for the overnight rate at 1 ¾ percent. The Bank Rate is correspondingly 2 percent and the deposit rate is 1 ½ percent.

  Content Type(s): Press, Press releases