March 22, 2018 Financial system safer, but job not done, says Senior Deputy Governor Wilkins Media Relations Toronto, Ontario While much has been accomplished to make the financial system more resilient, the job is not done, Senior Deputy Governor Carolyn A. Wilkins told the audience today at a conference on lessons from the crisis at the University of Toronto’s Rotman School of Management. “We have accomplished much over the past decade, and we are […] Content Type(s): Press, Press releases
March 22, 2018 Financial Stability: Taking Care of Unfinished Business Remarks Carolyn A. Wilkins Rotman School of Management conference Toronto, Ontario Senior Deputy Governor Carolyn A. Wilkins discusses three areas in which work remains to be done to improve financial stability. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Credit and credit aggregates, Digital currencies and fintech, Financial stability, Financial system regulation and policies, Monetary policy framework, Recent economic and financial developments
March 22, 2018 Bank of Canada Announces Lower Target for Settlement Balances to Reinforce the Target for the Overnight Rate Effective Thursday, 22 March 2018, the Bank is reducing the target for the minimum daily level of settlement balances to $250 million, from its current level of $500 million. Content Type(s): Press, Market notices
March 21, 2018 Bank of Canada announces creation of working group to develop new term risk-free interest rate benchmark The Bank of Canada today announced the creation of the Canadian Alternative Reference Rate Working Group (CARR), sponsored by the Canadian Fixed-Income Forum (CFIF), to identify and seek to develop a new term risk-free Canadian dollar interest rate benchmark. Content Type(s): Press, Market notices
March 13, 2018 Canadian economy carrying untapped potential, Bank of Canada Governor Poloz says Media Relations Kingston, Ontario The Canadian economy is carrying untapped potential that could prolong the expansion without causing inflation pressures, Governor Stephen S. Poloz said today. In a lecture at Queen’s University, Governor Poloz said that the Canadian economy is currently in the phase of the economic cycle where companies need to expand capacity to meet rising demand. “Growing […] Content Type(s): Press, Press releases
March 13, 2018 Today’s Labour Market and the Future of Work Remarks Stephen S. Poloz Chancellor David Dodge Lecture in Public Finance 2018 Kingston, Ontario Governor Stephen S. Poloz discusses the untapped potential in Canada’s labour market and how it extends into the workforce of tomorrow. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Domestic demand and components, Labour markets, Monetary policy, Monetary policy and uncertainty, Potential output