May 1, 2018 Bank of Canada policy helps manage risks from debt, Governor Poloz says Media Relations Yellowknife, Northwest Territories Elevated household debts make the Canadian economy more vulnerable to events that could affect growth and financial stability, and the Bank of Canada’s cautious approach to monetary policy is helping manage the risks, Governor Stephen S. Poloz said today. In a speech to the Yellowknife Chamber of Commerce, Governor Poloz said that high household debt […] Content Type(s): Press, Press releases
May 1, 2018 Canada’s Economy and Household Debt: How Big Is the Problem? Remarks Stephen S. Poloz Yellowknife Chamber of Commerce Yellowknife, Northwest Territories Governor Poloz talks about household debt and how it will affect Canada’s economy and monetary policy for years. Content Type(s): Press, Speeches and appearances, Remarks Subject(s): Financial system, Financial stability, Monetary policy, Economy/Economic growth, Inflation
April 25, 2018 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 at the beginning of November, we saw signs that the Canadian economy was moderating after an […] Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Monetary policy, Economic models, Economy/Economic growth, Inflation, Inflation targeting framework
April 23, 2018 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 pleased to be with you today to discuss the Bank’s Monetary Policy Report (MPR), which we published last week. At the time of our last appearance in October, we saw signs that the Canadian economy was moderating after an exceptionally strong […] Content Type(s): Press, Speeches and appearances, Opening statements Subject(s): Monetary policy, Economy/Economic growth, Inflation, Inflation targeting framework
April 18, 2018 Monetary Policy Report Press Conference Opening Statement Opening statement Stephen S. Poloz, Carolyn A. Wilkins 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
April 18, 2018 Bank of Canada maintains overnight rate target at 1 ¼ per cent Media Relations Ottawa, Ontario The Bank of Canada today maintained its target for the overnight rate at 1 ¼ per cent. The Bank Rate is correspondingly 1 ½ per cent and the deposit rate is 1 per cent. Content Type(s): Press, Press releases
April 9, 2018 Release of the 2017 Bank of Canada FMI Oversight Activities Annual Report The Bank of Canada today published the 2017 annual report on its oversight of payment clearing and settlement systems, which are also known as financial market infrastructures or FMIs. Content Type(s): Press, Market notices