October 24, 2016 Opening Statement before the House of Commons Standing Committee on Finance Opening statement Stephen S. Poloz House of Commons Standing Committee on Finance Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are happy to be before you today. It is our normal practice to appear before this committee twice a year to discuss the Bank’s Monetary Policy Report (MPR). We published our latest MPR last week and are happy to answer questions about […] Content Type(s): Press, Speeches and appearances, Opening statements
October 24, 2016 Joint Statement of the Government of Canada and the Bank of Canada on the Renewal of the Inflation-Control Target Media Relations Ottawa, Ontario The Government of Canada and the Bank of Canada agreed that the inflation target will continue to be defined in terms of the 12-month rate of change in the total CPI, that it will continue to be the 2 per cent mid-point of the 1 to 3 per cent inflation-control range, and that the agreement will run for another five-year period, ending 31 December 2021. Content Type(s): Press, Press releases
October 24, 2016 Letter from the Governor to the Minister of Finance regarding the Renewal of the Inflation-Control Target – Dated 21 September 2016 Cover letter outlining the Bank’s recommendations for the target agreement, and detailing the Bank’s research of key issues related to the renewal.
October 24, 2016 Renewal of the Inflation-Control Target (October 2016) Commentary and technical data relating to the 2016 target renewal. Content Type(s): Background materials Topic(s): Inflation and prices, Monetary policy
October 21, 2016 Weekly Financial Statistics - 21 October 2016 Content Type(s): Publications, Historical: Weekly Financial Statistics
October 21, 2016 2nd Annual Conference on the Chinese Economy Workshop held on 21 and 22 October 2016 (papers in unedited, electronic format only) Content Type(s): Conferences and workshops
October 19, 2016 Opening Statement before the Standing Senate Committee on Banking, Trade and Commerce Opening statement Stephen S. Poloz Standing Senate Committee on Banking, Trade and Commerce Ottawa, Ontario Good afternoon, Mr. Chairman and committee members. Senior Deputy Governor Wilkins and I are pleased to be back before you today to discuss the Bank’s Monetary Policy Report (MPR), which we published this morning. It has been six months almost to the day since we were last here, and several of the broad themes that […] Content Type(s): Press, Speeches and appearances, Opening statements
October 19, 2016 Monetary Policy Report Press Conference Opening Statement Opening statement Stephen S. Poloz, Carolyn A. Wilkins Ottawa, Ontario Governor Stephen S. Poloz discusses key issues involved in the Governing Council’s deliberations about the policy rate decision and the MPR. Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Housing, Inflation and prices, Interest rates, Monetary policy, Monetary policy and uncertainty, Recent economic and financial developments
October 19, 2016 Bank of Canada maintains overnight rate target at 1/2 per cent Media Relations Ottawa, Ontario 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. Content Type(s): Press, Press releases