November 7, 2017 Fundamental forces continue to drive inflation as economy evolves, Bank of Canada Governor Poloz says Media Relations Montréal, Quebec MONTRÉAL, QUEBEC—The fundamental forces that have always driven inflation will continue to do so, even as the global economy evolves, Bank of Canada Governor Stephen S. Poloz said today. In a speech to CFA Montréal and the Montreal Council on Foreign Relations, Governor Poloz challenged the idea that recent softness in inflation in many advanced […] Content Type(s): Press, Press releases
November 7, 2017 Understanding Inflation: Getting Back to Basics Remarks Stephen S. Poloz CFA Montréal and Montreal Council on Foreign Relations Montréal, Quebec Governor Stephen S. Poloz discusses how recent weak inflation in Canada and other economies can be explained by fundamental factors. Content Type(s): Press, Speeches and appearances, Remarks Topic(s): Econometric and statistical methods, Economic models, Inflation and prices, Labour markets, Monetary policy, Monetary policy implementation
November 3, 2017 Statement on the Nomination of a New Federal Reserve Chair Media Relations Ottawa, Ontario The Bank of Canada congratulates Jerome Powell on his nomination as the new Chair of the Board of Governors of the Federal Reserve System. Content Type(s): Press, Press releases
November 1, 2017 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 last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a […] Content Type(s): Press, Speeches and appearances, Opening statements Topic(s): Inflation and prices, Monetary policy, Monetary policy transmission, Potential output, Recent economic and financial developments, Sectoral balance sheet
October 31, 2017 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 to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. When we were last here in April, we were celebrating the fact that we had upgraded our economic forecast following a long […] Content Type(s): Press, Speeches and appearances, Opening statements
October 25, 2017 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
October 25, 2017 Bank of Canada maintains overnight rate target at 1 per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 per cent. The Bank Rate is correspondingly 1 1/4 per cent and the deposit rate is 3/4 per cent. Content Type(s): Press, Press releases
October 17, 2017 Payments Canada, Bank of Canada and TMX Group announce integrated securities and payment platform as next phase of Project Jasper This joint press release announces a new collaboration between Payments Canada, the Bank of Canada and TMX Group as part of the third phase of the Project Jasper research initiative. Content Type(s): Press, Press releases Topic(s): Digital currencies and fintech